Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Income Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

Share Application money in cash, Income Tax

Issue Id: - 1303
Dated: 27-6-2009
By:- LAXMIKANT ARORA

Share Application money in cash


  • Contents

CAN A SHARE APPLICATION MONEY RECEIVED IN CASH MORE THAN RS.20000/-

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 28-6-2009
By:- Mukesh Kumar

If u r talking about the applicability of Section 269SS or 269T of the Income Tax Act, 1961 - share application money can not be held as loan or deposit of money.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates