IF 1)Advance against Construction 2)Advance against land purchase and 3) Trade payable - are treated as " DEPOSIT" and Form DPT-4 need to be filed. Advance under construction and advance against land purchase are under dispute between the party for a long time.
Menu
If deposit or not
Replies (2)
I dont think that they are deposits....refer sec 2 (c)(xii) of the Deposits rule......
But as per deposit rule, all those should be settled. But in my case it is under dispute between the party and also pending in court. Example...advance against land or construction taken but registry not done due to dispute..
Recent Threads
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
Related Threads
CAclubindia
