account holder Archives

RBI has Decided to Provide Additional 60 Days Time for Repayment of Dues (promote digital payments)

November 24, 2016 NewsTaxIndia0 comments805 views

RBI has Decided to Provide Additional 60 Days Time for Repayment of Dues (loan below Rs. 1 Crore); The Central Government takes various decisions for the benefit of farmers in the current Rabi Season and to promote digital payments in the economy. Following the cancellation of … Continue Reading →

Income Tax

Transaction would be of Tax Evasion if Amount deposited in Bank A/c belongs to others

November 18, 2016 NewsTaxIndia0 comments1014 views

Transaction would be of Tax Evasion if Amount deposited in Bank A/c belongs to others Demonetisation of Old High Denomination Currency & Cash Deposits in Bank Accounts It was announced by the Government earlier that small deposits made in the banks by artisans, workers, housewives, … Continue Reading →