Payment received from 3rd person other than debtors

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..... Payment received from 3rd person other than debtors
Query (Issue) Started By: - SHAAN NISHA Dated:- 15-12-2017 Last Reply Date:- 24-7-2018 Income Tax
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Income Tax
Hi Everyone, .....

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..... I want to know that if I acccept payment from third person on behalf of debtor than what compliance we need to follow? and which additional document we need to maintain? Eg. Firm Name - A Debt - B .....

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..... (amount 10000/) third person - c We accept payment from c On the behalf of B. Thanks in Advance Shan Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: You may get the ascertainment from B that C woul .....

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..... d pay the dues for him and get the assent of C in agreeing to pay the debt of B to you.
Discussion Forum - Knowledge Sharing .....

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