Cash deposited
This query is : Resolved
07 February 2017
Cash was deposited in bank of Rs.10,54,000/- after demonetization. Now please advise shall I deposit Advance Tax accordingly. Please reply.
07 February 2017
Can u please say that how demonetization or cash deposit is related with Advance Tax Payment?? If ur income crosses the limit to pay advance tax then u must have to pay it irrespective of cash deposit after demonetization.
07 February 2017
If you want to disclose the deposit as current year income, pay taxes(including advance tax) and file the return.
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