SIRS,
I HAVE A NUMBER OF GST AND IT CUSTOMER (PARTY). I PAID GST AND INCOME TAX FROM MY SAVINGS ACCOUNT ON BEHALF OF THEM. AND AFTER THAT THEY REIMBURSE THE AMOUNT IN CASH.
MY QUESTION IS THAT ------ IS THERE ANY PROBLEM FOR ME?
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Tax payment
Replies (3)
no , not at all
BUT A PROFESSIONAL TOLD ME THAT MY SAVINGS A/C. MAY BE UNDER SCRUTINY. HE TOLD ME I CANNOT LEGALY PAY TAX ON BEHALF OF TAX PAYER. ONLY TAX PRACTITIONER CAN PAY TAX ON BEHALF OF PARTY OR TO OPEN A TAX POOLING A/C. FROM WHICH I CAN PAY TAX ON BEHALF OF TAX PAYER. THIS A/C. CANNOT BE SCRUTINISE.---------------- I WANT TO KNOW WHETHER HIS STATEMENT IS CORRECT OR NOT. WHETHER THERE IS ANY LAW REGARDING THIS MATTER ?
dont worry about this
it is not as much as you think
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