Regarding sft transcation

sir
sft transaction 1200000 report (cash deposit without current account) in client 26as report how to solve this problem
Replies (5)
Quick Summary
This discussion addresses an SFT transaction reporting issue where a 12 lakh cash deposit, made without a current account, appears on a client's 26AS report. Potential solutions include verifying with bank authorities, checking if the client has undisclosed bank accounts, or obtaining a certificate from the bank to correct erroneous reporting. The thread also includes a note about maintaining forum decorum by avoiding unnecessary agreement comments.

Check with bank authorities. The amount is 12 lakhs so ideally cash is deposited in A saving account.

Some time client hides some bank accounts from CA. or
Take certificate from bank that they have done some wrong reporting and cash deposit during the year is only say 2 lakhs.
Take a report from bank
Agreed with raj c doshi
Yes I also agree

In the competition for more points to reach to the top of the leader board, unnecessary comments like "Agree" , " I also agree" , on each and every forum thread is hampering such people's image and also makes queries feel CAClubIndia is worthless. Request everyone to maintain the decorum. 

 

Request no more comments after this on this as well as other forums where the queries are solved.

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