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R
Reena M
I am a tax payer. Now I am taking an over draft of 20 lac from my bank . While filing my tax details next time, Do I have to disclose how I used this 20 Lac ?
Not necessarily. In case of you have a business, the use of the overdraft will be reflected in the accounts itself. Or in the less likely case wherein you only have salary income, the use of the overdraft need not be disclosed in the income tax return.
T&C applyDELHI
Direct Taxation in Delhi
Indirect Taxation in Delhi
Company Auditing in Delhi
Intellectual Property in Delhi
Business Incorporation in Delhi
Accounting/ Book keeping in Delhi
Govt. Registrations and Licenses in Delhi
KOLKATA
Direct Taxation in Kolkata
Indirect Taxation in Kolkata
Company Auditing in Kolkata
Intellectual Property in Kolkata
Business Incorporation in Kolkata
Accounting/ Book keeping in Kolkata
Govt. Registrations and Licenses in Kolkata
MUMBAI
Direct Taxation in Mumbai
Indirect Taxation in Mumbai
Company Auditing in Mumbai
Intellectual Property in Mumbai
Business Incorporation in Mumbai
Accounting/ Book keeping in Mumbai
Govt. Registrations and Licenses in Mumbai
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