paytm bank transfer Story soon going to be over :) Bad days last less
Some learned person not me called up CC and informed them abt this Bank transfer functionality
http://www.desidime.com/forums/dost-and-dimes/t…
Read post by “erikalui”
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They mention that “NOTE: Cashbacks are part of marketing offers & cannot be transferred to bank. Use it to shop/recharge on Paytm or pay on partner sites like Bookmyshow, Makemytrip etc.”
Large amount of transfers from paytm to Bank account may end you under Income Tax radar… ask your parents if they have recieved general notice from Income Tax department asking them to confirm some transaction from FY 2009-2010, 2010-2011 and 2012-2013. And the amount they used as filter criteria is 20K.
The only intent is to share some potential issues that you may get-into Pound wise foolish na ban jana
poopya wrote:
They mention that “NOTE: Cashbacks are part of marketing offers & cannot be transferred to bank. Use it to shop/recharge on Paytm or pay on partner sites like Bookmyshow, Makemytrip etc.”
Large amount of transfers from paytm to Bank account may end you under Income Tax radar… ask your parents if they have recieved general notice from Income Tax department asking them to confirm some transaction from FY 2009-2010, 2010-2011 and 2012-2013. And the amount they used as filter criteria is 20K.
The only intent is to share some potential issues that you may get-into Pound wise foolish na ban jana
bhai, I’m a CA student. I know taxation. I do cashback (to bank) transaction in limit
saurabh1 wrote:
poopya wrote:
They mention that “NOTE: Cashbacks are part of marketing offers & cannot be transferred to bank. Use it to shop/recharge on Paytm or pay on partner sites like Bookmyshow, Makemytrip etc.”
Large amount of transfers from paytm to Bank account may end you under Income Tax radar… ask your parents if they have recieved general notice from Income Tax department asking them to confirm some transaction from FY 2009-2010, 2010-2011 and 2012-2013. And the amount they used as filter criteria is 20K.
The only intent is to share some potential issues that you may get-into Pound wise foolish na ban jana
bhai, I’m a CA student. I know taxation. I do cashback (to bank) transaction in limit ;-}
bhai mujhe bhi samjha ye poopya kya kehna cha raha hai ????
ishandon wrote:
saurabh1 wrote:
poopya wrote:
They mention that “NOTE: Cashbacks are part of marketing offers & cannot be transferred to bank. Use it to shop/recharge on Paytm or pay on partner sites like Bookmyshow, Makemytrip etc.”
Large amount of transfers from paytm to Bank account may end you under Income Tax radar… ask your parents if they have recieved general notice from Income Tax department asking them to confirm some transaction from FY 2009-2010, 2010-2011 and 2012-2013. And the amount they used as filter criteria is 20K.
The only intent is to share some potential issues that you may get-into Pound wise foolish na ban jana
bhai, I’m a CA student. I know taxation. I do cashback (to bank) transaction in limit ;-}
bhai mujhe bhi samjha ye poopya kya kehna cha raha hai ????
When you transfer amount from PayTM to bank, it is considered as your income while it is your own money.
While filing annual returns you may or may not show this is as your income.
If you show this as your income, you have to pay more tax if higher slab becomes applicable.
If you don’t show this, then you have to give explanation to IT department that it’s your own money and have transferred it back to bank account.
Ishan Tandon read this
http://wealth18.com/notice-received-from-income...
Bakee CA uncle can tell u, remember he is still a student not practicing Income Tax CA
poopya wrote:
They mention that “NOTE: Cashbacks are part of marketing offers & cannot be transferred to bank. Use it to shop/recharge on Paytm or pay on partner sites like Bookmyshow, Makemytrip etc.”
Large amount of transfers from paytm to Bank account may end you under Income Tax radar… ask your parents if they have recieved general notice from Income Tax department asking them to confirm some transaction from FY 2009-2010, 2010-2011 and 2012-2013. And the amount they used as filter criteria is 20K.
The only intent is to share some potential issues that you may get-into Pound wise foolish na ban jana
Nice to see a sensible post from you for a change. Please do it more often.
saurabh1 wrote:
ishandon wrote:
saurabh1 wrote:
poopya wrote:
They mention that “NOTE: Cashbacks are part of marketing offers & cannot be transferred to bank. Use it to shop/recharge on Paytm or pay on partner sites like Bookmyshow, Makemytrip etc.”
Large amount of transfers from paytm to Bank account may end you under Income Tax radar… ask your parents if they have recieved general notice from Income Tax department asking them to confirm some transaction from FY 2009-2010, 2010-2011 and 2012-2013. And the amount they used as filter criteria is 20K.
The only intent is to share some potential issues that you may get-into Pound wise foolish na ban jana
bhai, I’m a CA student. I know taxation. I do cashback (to bank) transaction in limit
bhai mujhe bhi samjha ye poopya kya kehna cha raha hai ????
When you transfer amount from PayTM to bank, it is considered as your income while it is your own money.
While filing annual returns you may or may not show this is as your income.
If you show this as your income, you have to pay more tax if higher slab becomes applicable.
If you don’t show this, then you have to give explanation to IT department that it’s your own money and have transferred it back to bank account.
bhai to it waale ye nhi samjh te ki sala isne to rs56 k liye baar baar accountse hi andar bahhaar anadar bahaar kara hai:lol:
income to isme se sirf 3% hai:twisted:
Ishantanton Income tax department may sum total credit and debits and ask u a simple question, where did this money come from – you can either pay tax and penalty or hire a CA and pay CA some money or end up proving to income tax what is source of money.
It is likely IT department may ask u to bring ur passbook and then IT officer may ask u details of other entries that he sees there even though they may not be related to original query.
In short Police, Vakeel, Income Tax wallo sai door kee he dostee bhli
If you get into their chakkar ur life will change for every
You all give me your PAN No.
I am the culprit.
Saurabh bhai tum b CA wale nikle?
GURNANI wrote:
You all give me your PAN No.
I am the culprit.
Saurabh bhai tum b CA wale nikle?
IPCC Nov 14 gaya
Costing – 33
saurabh1 wrote:
IPCC Nov 14 gaya
Costing – 33
Koi gal ni Nov gaya May aaya
GURNANI wrote:
saurabh1 wrote:
IPCC Nov 14 gaya
Costing – 33Koi gal ni Nov gaya May aaya
Joined classes for Cost-FM
Missed INDvsPAK because of the same
saurabh1 wrote:
Joined classes for Cost-FM
Missed INDvsPAK because of the same
Koi dikkat ho bhai ko yaad kr lena
GURNANI wrote:
saurabh1 wrote:
Joined classes for Cost-FM
Missed INDvsPAK because of the sameKoi dikkat ho bhai ko yaad kr lena
Sure
koi CMA vala ha..??
GURNANI wrote:
You all give me your PAN No.
I am the culprit.
Saurabh bhai tum b CA wale nikle?
Guty bhai ye poopya kya bol raha hai
It waalo k hissab se andar aane waala saara pasia income hota hai kya
Waise..mujhe koi dikkat nhi college waalo ne khulwaya tha bank account bina kisi id proof ya pan no. Ke ; paas book bhi nhi dii
Fir bhi jo poopya bol raha hai wo sahi hai kya??
GURNANI wrote:
You all give me your PAN No.
I am the culprit.
Saurabh bhai tum b CA wale nikle?
Guty bhai ye poopya kya bol raha hai
It waalo k hissab se andar aane waala saara pasia income hota hai kya
Waise..mujhe koi dikkat nhi college waalo ne khulwaya tha bank account bina kisi id proof ya pan no. Ke ; paas book bhi nhi dii
Fir bhi jo poopya bol raha hai wo sahi hai kya??
ishandon wrote:
GURNANI wrote:
You all give me your PAN No.
I am the culprit.
Saurabh bhai tum b CA wale nikle?
Guty bhai ye poopya kya bol raha hai
It waalo k hissab se andar aane waala saara pasia income hota hai kyaWaise..mujhe koi dikkat nhi college waalo ne khulwaya tha bank account bina kisi id proof ya pan no. Ke ; paas book bhi nhi dii
Fir bhi jo poopya bol raha hai wo sahi hai kya??
Ishan tandon tu toh gya……… college sa nikala jayga tu fraud ka case mei….
Jail mei hogee teri padai puri
Rd Singh wrote:
koi CMA vala ha..??
CMA walla kya computer walla paper?
CMA = Cost & Management Accountant
ishandon wrote:
Guty bhai ye poopya kya bol raha hai
It waalo k hissab se andar aane waala saara pasia income hota hai kyaWaise..mujhe koi dikkat nhi college waalo ne khulwaya tha bank account bina kisi id proof ya pan no. Ke ; paas book bhi nhi dii
Fir bhi jo poopya bol raha hai wo sahi hai kya??
“Duniya ka sabse bada rog, Kya kahenge Log”
Tubrog pee aur mast jee ishan bhai!!
Tera bhai baitha hai, aan de IT walo ko
Rd Singh wrote:
koi CMA vala ha..??
RD bhai sab ek hi thali ke chatte batte hai,
CA, CMA, CWA hai to saare accountant hi.. lol
poopya wrote:
Rd Singh wrote:
koi CMA vala ha..??
CMA walla kya computer walla paper?
“CERTIFIED MANAGEMENT ACCOUNTANT”
GURNANI wrote:
Rd Singh wrote:
koi CMA vala ha..??
RD bhai sab ek hi thali ke chatte batte hai,
CA, CMA, CWA hai to saare accountant hi.. lol
hmm..vo baat bhi sahi hai..!!
ps: bhai.. i am persuing b.com hons from DU and opted for cma as additional professional course.(as it not allowed to do b.com hons and CA simultaneously)..!!bhai, do u have any clue about foundation course…will be appearing for it in june..!! tution ki zarurat hogi ya aise hi clear ho jayega self study se..??
Rd Singh wrote:
hmm..vo baat bhi sahi hai..!!
ps: bhai.. i am persuing b.com hons from DU and opted for cma as additional professional course.(as it not allowed to do b.com hons and CA simultaneously)..!!bhai, do u have any clue about foundation course…will be appearing for it in june..!! tution ki zarurat hogi ya aise hi clear ho jayega self study se..??
Foundation? means CS na?
mainu lagda ethe saare Commerce aale ne , assi taan kalle rehgey science aale
I guess that person called CC to let them know that there exist such function so as CC gets some information from their seniors about it and help customers who may face difficulties.
I think this is not a bug.
According to me, PayTM should classify balance as real money and virtual money like Flipkart.