Your Cash, Your ITR: Rules for Withdrawals and Deposits with Reconciliation Strategy

Mitali , Last updated: 25 July 2025  
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It is very important to understand when and how to show cash withdrawals in your ITR, as many income tax cases are filed concerning cash deposits and withdrawals. Tax Implications of Cash Withdrawals Currently, 25% of income tax cases are related to cash deposits or withdrawals which is making a

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Published by

Mitali
(Finance Professional)
Category Income Tax   Report

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