Penalty for depositing cash in bank account?

Paras mehra , Last updated: 12 November 2016 Share Follow on Google News

Introduction The ban of Rs.500/1000 notein India is creating havoc in the Indian markets. Everybody is either rushing towards banks or towards jeweller market to safeguard the black money. In this article, we will discuss how government will levy penalty or tax on the cash deposit in bank acco

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About the Author

Paras mehra

Chartered Accountant

I am a practising Chartered Accountant in Delhi and NCR aged only 23, mainly deals in Company Law and Taxation. Since, early stage of my carrear, i wanted to do something different and always wants to be something big. I was being offerred a hefty sum of money even when i wasnt a qualified Chartered Accountant but i re ... Read more

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