Menu
transactions in sb account
I have received a sum of 200000 from different people and sent 160000 to some others am I liable to pay tax on 40000 as income from other sources
Replies (1)
The clarification of all the transactions, credits as well as debits, will be sought. You may be taxed for full amount of 2 lakhs provided not properly justified.
Recent Topics :
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
Related Topics :
CAclubindia
