Hi tell me what is then compliance requirements needs to be followed as per statute for a company which is withdrawing any amount equal or greater than Rs. 10,00,000/- by cheque from its bank a/c!
Hi tell me what is then compliance requirements needs to be followed as per statute for a company which is withdrawing any amount equal or greater than Rs. 10,00,000/- by cheque from its bank a/c!
There are no compliances as such when a company withdraws any amount from the bank.
If the company is withdrawing the amount in cash, then it will have to pay the BCTT as applicable. Otherwise there are no compliances.
If possible, please elaborate your query.
Aggarwal Sarawagi and Co
New Delhi
CA
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SMJ global advisors pvt ltd
New Delhi
B.Com
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SSGS and Associates
Chennai
CA Inter
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CAclubindia
