Dear Sir,
During demonetisation period If an assesse deposit Rs. less than Rs. 2,00,000/- have to disclosure on ITR mandatory. Please help
Ranjit Karmakar (124 Points)
24 June 2017Dear Sir,
During demonetisation period If an assesse deposit Rs. less than Rs. 2,00,000/- have to disclosure on ITR mandatory. Please help
CA Rashmi Gandhi
(Chartered Accountant)
(86298 Points)
Replied 24 June 2017
Poltu Ghosh
(Job)
(1865 Points)
Replied 24 June 2017
Please refer the following Instruction given in all the ITR forms -
"It may be noted that details of cash deposited are to be provided, if the aggregate amount of cash deposited during 09.11.2016 to 30.12.2016 is Rs.2 lakh or more."
Thus only if the cash deposit in the specified period is Rs.2 lakh or more then only reporting is required.
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