it assess download 26as information mentioned below
1.sec 206 1G(a)
name of the collector rs:axis bank
total amount deposit and debited
rs:1,53,821/-
total tax collected :nil
total tcs deposit rs:nil
2.purchases of mutual fund rs:42,670/-
question:
assess above two transactions how to show procedure in books and it returns.
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It query for sec 2061G(a) and mutual fund
Replies (1)
1. In first case, why the amount was remitted? If for any personal use, debit it to personal expenses.
2. This will be investment in MF.
Both are not reflected in ITR unless BS is submitted.
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