Whether rent deposit received in cash above Rs. 20,000/- added in the income of the assesee U/s. 269SS of Income Tax Act, 1961?
Menu
Rent Deosit
Replies (1)
dear friend
sec. 269ss includes loan or deposit in terms of money(cash). i think this is applicable in ur case and hence receiving deposit more than rs. 20000 in cash will be added back to ur income.
regards
tarun rustagi
Recent Topics :
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
- Gst refund
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
Related Topics :
CAclubindia
