HELLO FRIENDS, IF A PERSON HAS RECEIVES RS. 350000 FROM WESTERN UNION MONEY TRANSFER AND INTRODUCES THIS AMT. AS FURTHER CAPITAL IN THE BUSINESS IN CASH.
WHAT ARE ITS OBLIGATIONS.
PLS. TELL WHETHER IT HAS TO BE GIVEN IN AUDIT REPORT OR CAN APERSON INTRODUCES CAPITAL IN THE CASH.
PLS. TELL ME. IT IS VERY URGENT.
Capital can be introduced in cash.
Audit report Form 3CD does not ask for additions in capital.
But ITO can ask the same that where from you have introduced this capital amount.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
