Menu
Clarify about it file
Sir one my friend total credit transaction in bank account up to 320000. I want it return. So how much income show in my it return please guide me. I agree pay tax 1000 For future benefits.
Replies (1)
It's always better to file income tax return, as you mention total credits 3,20,000 I assumed it as income, as per law if an assessee having gross total income more than 2,50,000 before chapter VI A deduction is bound to file income tax return even his tax liability is zero.
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
