MS DoR 89-142 2010-2024 free printable template
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Hello thanks one of them is to Safari then the X square is how the income tax department comes to me about high-value transactions the answer is very simple through annual information return or an IR besides annual information return the information is also collected through to us TCS and various other sources as the readers on my blog keep posting this query so that I've shown a separate video blog on angle information Satan RAI are very reasonable that it is not a typical answer certain high-value transactions then of the objective to pay panel is to keep a check on black money and tax evasion it is not necessary that all these high-value transactions come under the radar scanner of in context Department lesser under Section 85 an of them accept and 61 it is mandatory for specified person stupid transactions as prescribed in the real bank and say e of them in context at this specified persons are also referred as and their information returns holders all this how the new transactions are capturing and yell information return also can come to expert when we are these and thunders bustling are classified as specified persons or reporting person when I won Thank You monkey number two issue address credit card number three trustee as a magician wonderful computer institution show you bonds or debentures number five computation shares through public of rights issue number six registrar subjects or appointed under Section six of the registration at number seven do you apply it officer of the Reserve Bank of India now that is the value of these transactions to be reporting in there and information returned number one is aggregate cash deposit as rupees Staubach air we're in a PRE in a savings account for example if you have two savings but to compute Bank a deposited rupees six lakh cash it savings account during financial where we will be providing your and the potential return the bank a now as you need these two savings bank account are we producing banks that is Bank a and Bank in this case these transactions will not be reported in ended information return this is an anomaly and I hope it will be fiction the idea scenarios that make all these transactions depend on instead of bank specific nothing first up in 2016 besides cash deposits when the fix deposit single or multiple as well as you please stand back Nathan in return in case I open sighs six deposits of rupees 2 lakh each Bank a then also it will be reported in and an information return by Putin will experience and reinvestment of the fixed deposits the bank specific enemy will also exist in the case of fixed deposits when the days credit card payment my cues are not the financial good then it is not advised to twist angle at something sugar 2016-17 another condition related to play a new payment through cash is introduced such as Apple 2016 which were paid and weeping into cash exceeds rupees 1 lakh in a year then also it will be reported in an information return for example if my credit...
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