Respected Sir,
I am facing an issue relating with income tax matter. Hope all of you experienced professional help me in this regard.
One of my client working in a organization, in the FY-2018-19 he get money in the form petty cash expenditure amounting to Rs. 15 Lakh approx in his own account (To make Payment to all Laborer and other staff). Now the issue is, how should i treat this income in there income tax return. His salary also included in this amount (30K). No entry reflacting in 26AS.
Company did not deducted any ESI, EPF on his salary.
Thanks in advance and waiting for response.
CAclubindia
