Hello, thanks! One of them is 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 a IR. Besides annual information return, the information is also collected through TCS and various other sources. As the readers on my blog keep posting this query, I have shown a separate video blog on angle information. Ratan Rai is very reasonable. It is not a typical answer for certain high-value transactions. The objective to pay a 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 the income tax department. Under Section 85 a of them accept and 61, it is mandatory for specified persons to report transactions as prescribed in the real bank. In the context of income tax, these specified persons are also referred to as information returns holders. All these new transactions are captured in annual information return. Experts can also come to know when these transactions are classified as specified persons or reporting persons. When I won, thank you, monkey. Number two is issue addressed credit card. Number three is trustee as a magician. Number four is computer institution show you bonds or debentures. Number five is computation shares through public rights issue. Number six is registrar subjects appointed under Section six of the registration act. Number seven is apply it officer of the Reserve Bank of India. Now, how are the value of these transactions reported in the annual information return? Number one is aggregate cash deposit as rupees Steinbach air in a savings account. For example, if you have two savings bank accounts, Bank A and Bank B, and you deposited rupees six lakh...
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Video instructions and help with filling out and completing Where Form 1120 C Transaction
