26 March 2014
A salaried class person who gets other income in cash, has deposited this other income in cash in his bank account and wants to be pay all the taxes. He has never filed any IT returns in the past. Query is...
i) Whether any account he needs to maintain as it is other income received in cash
ii) Can he file now for Assessment Year 2012-13, 2013-14 alongwith interest and penalty as applicable?