Journal Voucher Enrty for Unsecured Loans

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Journal Voucher Enrty for Unsecured Loans
Query (Issue) Started By: - Dinar Daptari Dated:- 21-8-2011 Last Reply Date:- 22-8-2011 Income Tax
Got 1 Reply
Income Tax
my Family is of 4 membe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rs me, father, mother and sister. We have 5 file 4 as mentioned and 1 HUF of my father. HUF had earned some good amount and the tax is been paid on the same and we have distributed the income under se .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ction 10(2) of income tax within the co parcners. the entire money was given by chq to Karta of HUF my father from HUF account and then JV was was passed from my father books to respective coparcernes .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . is section 269tt is voilated Reply By Sunil K. Jain: The Reply: There seems to be no violation of section 269 TT in this case since redemption came in favour of HUF by account payee cheque only a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nd the requirment of section is met at that stage. Now further distribution is as per section 10(2) moreover, no cash transaction took place in this case at any stage.
Discussion Forum - Knowledge .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X