A individual status it person cash withdrawal rs:15,000/- per month for the purpose of family expenses.
question:
cash withdrawal rs:15,000x12 months accepted in it act.
Menu
Cash withdrawal for personal drawings purposes
Replies (3)
Yes it's accepted and there's no bar for cash withdrawal
For an individual it's OK.
But for a company it's there. But the threshold limit is there .
But for a company it's there. But the threshold limit is there .
Yes, it's acceptable as it's reasonable
Recent Threads
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
Related Threads
CAclubindia
