LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Cash transaction

(Querist) 10 November 2016 This query is : Resolved 
Respected Sir, Please provide me your opinions: My Client is running a business of Tax Payment Services and engaged in consultancy business having a valid Trade License, my question is he is maintaining Current Account for transaction and he use to collect cash from different client and he paid the online tax on behalf of his client such as Income Tax, Service Tax & VAT Tax. Secondly accepting of Cash and making of online payment in favor of Direct Taxes and Indirect Taxes against which he charges Rs. 50/- as tax payment charges for each transaction, is there any wrong in the above business, or is their any violation of provision of Income Tax or any other Law. Please advice me.
This case is not academic and it is very much use in practical life.
Guest (Expert) 10 November 2016
Repeated query.
Ms.Usha Kapoor (Expert) 11 November 2016
Repeated query.
Rajendra K Goyal (Expert) 11 November 2016
Repeated query:

Strange enough, you have repeated the query at following link with another name.

http://www.lawyersclubindia.com/experts/Cash-transaction-622661.asp
Kuummaar AS (Expert) 11 November 2016
Riya aka Sangeeta,

HAVE MERCY ON EXPERTS. YOU MAY BE IDLE. PLEASE MAKE USE OF YOUR PRECIOUS TIME IN IMPROVING YOUR OWN LIFE OR LIVES OF YOUR DEAR ONES.
Devajyoti Barman (Expert) 11 November 2016
regular professional query
A misuse of this platform.
Ms.Usha Kapoor (Expert) 12 November 2016
Repeated query.
Ms.Usha Kapoor (Expert) 12 November 2016
Repeated.query. No reply.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :