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Regarding cash transaction

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(Querist)
02 June 2016 Dear Sir, . If a person has salary income & income from other sources any cash deposited and later withdrawal from bank be treated as income in ITR.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
02 June 2016 No if cash deposit from your salary income and other sources then no further tax liability creates.
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Rupesh Jain

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Rupesh Jain (Expert)
02 June 2016 no, its not income if you have sufficient source of deposited cash.




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