Currency Ban: How penalty cannot be imposed on cash deposits in bank account under Income Tax Act, 1961

Paras mehra , Last updated: 03 December 2016  
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Introduction We are going through a very unusual phase of Indian economy where people are rushing nowhere carrying cash in hand. I have experience it first time when people are ready to pay the full amount of tax or they are ready to even forego 50% of the amount still they are not able to buy pe

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Published by

Paras mehra
(Chartered Accountant)
Category Income Tax   Report

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