Doubt

288 views 7 replies
I have a doubt. A person get a huge amount from out side. But that not his income. He is only an intermediary of two companies. In this case he is liable to pay income tax or not? Please give a suitable answer. its very urgent With Warm regards Agnes
Replies (7)

If it's not income, you only need to clarify IT department that it's not your income if IT serves you notice in this regard.

Thank youu

Agree With Vikas.

if the same is not your income should not be taxable in your hand. but u have to prove this.

AGREE WITH ABOVE

IF YOUR HAVE INCOME YOU HAVE TO BE TAX PAID

Well said all of above. But if it covers under money laundering... Please be cautious.

 

How can i prove this?

 

The amount will be debited in bank account while making the payment. Please make sure some legal agreement in this regard to prove income tax department in future.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register