Persons as specified below are required to furnish an Annual Information Return
(AIR) by 31.05.2017 for the below mentioned transactions undertaken during the
previous year 2016-2017.
1. Company: Receipt of Share Application money aggregating Rs. 10 lacs or more from any one person.
2. Any person who is audited u/s 44AB of the Income Tax Act 1961 : Receipt of Cash exceeding Rs. 2 Lacs in single transaction from a person.
Non- Complaince of the above provisions attract a Penalty of Rs. 1000 per day.
For any Query or clarification please call the undersigned.
Neeraj Choudhary
M.No -9711155069
1. Company: Receipt of Share Application money aggregating Rs. 10 lacs or more from any one person.
2. Any person who is audited u/s 44AB of the Income Tax Act 1961 : Receipt of Cash exceeding Rs. 2 Lacs in single transaction from a person.
Non- Complaince of the above provisions attract a Penalty of Rs. 1000 per day.
For any Query or clarification please call the undersigned.
Neeraj Choudhary
M.No -9711155069