Income tax query

263 views
User Avatar

B.com
3026 Points Posted on 01 January 2020
one of person cash deposits and withdrawals limit in bank sb accounts and current accounts for one finicial year.
0 Reply Share Follow
On 01 January 2020 at 14:44 Report
Replies (3)
Quick Summary
This discussion clarifies the limits on cash deposits and withdrawals for savings and current bank accounts within a financial year, as per the Income Tax Act. While banks allow unlimited entries, charges may apply after exceeding free transaction limits. It also briefly mentions that STPI units were exempted under Section 10A in 2009.

User Avatar

17269 Points Posted on 01 January 2020
Any number of entries are allowed by bank.
But there prescribed bank charges after you cross the limit of free entries.
Reply
On 01 January 2020 at 19:17
User Avatar

B.com
3026 Points Posted on 02 January 2020
Cash deposits and withdrawals limit on cash bank sb and current accounts one finicial year in Income tax act
Reply
On 02 January 2020 at 09:54
User Avatar

chairman
7 Points Posted on 03 January 2020
In 2009 STPI UNIT WERE EXEMPTED UNDER SEC 10A
Reply
On 03 January 2020 at 05:29

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Query on FCTRS
  2. APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
  3. Advance for supply of goods
  4. Question for members: how do you manage client doc
  5. Clarification Required on Invoicing and Receipt of
  6. SEBI Registered VS NSDL Registered RTA
  7. Income tax or capital gain tax for Resident Indivi
  8. PCIT-1 Thane Email address
  9. CA Fees deduction for non audit case allowed?
  10. 5th Letter PAN Mismatch with Surname issues still

More recent discussions | Post

Related Topics :

Loading