Hello,
Can a Chartered Accountant pay Self Assessment Tax on behalf of a Pvt Ltd Company if the Company and the Directors do not have net banking? Obviously, the Company will then re-imburse the CA through either Cash or Account Payee Cheque? Is there any section in Companies Act/Income Tax Act which prohibits the same?
Does the fact that he is also auditing the Company have anything to do with it?
CAclubindia
