A SALARIED EMPLOYEE DEPOSITED CASH IN HIS PERSONAL ACCOUNT MEANT FOR COMPANY EXPENSES IN OUTSTATION FIELD WORK AND ALSO HE GOT SOME COMMISSION FROM OTHERS WITHOUT TDS. HOW TO TREAT THESE CASH DEPOSITS WHILE FILING HIS ITR (SALARY)?
Menu
Cash deposit in bank
Replies (1)
If the company can give a supporting lettet or document for reimbursment of expenses, no need to admit it as income.
Commision should be disclosed and pay tax accordingly. Deducted tds is never assessee's headache, since you ll calculate your portion of tax and pay it.
Commision should be disclosed and pay tax accordingly. Deducted tds is never assessee's headache, since you ll calculate your portion of tax and pay it.
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
