Cash transaction in svg bank ac over 10 lacs durring the yea
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 June 2013
Dear Experts,
I have made transaction about 16 lacs cash deposit & 15 lacs cash withdrawl durring the year. The case is selected for us143. There is no Cash Flow durring thg the year but officer made penalty of Rs.396400.00 for cash transaction in saving Bank Ac.
Now what can i do.
Please Answer me ...
I have made transaction about 16 lacs cash deposit & 15 lacs cash withdrawl durring the year. The case is selected for us143. There is no Cash Flow durring thg the year but officer made penalty of Rs.396400.00 for cash transaction in saving Bank Ac.
Now what can i do.
Please Answer me ...
Anil Sankar V
(Expert)
14 June 2013
if u have any land, you can simply arguing saying received depoist on land advance and refunded them laterfrom multilple customers
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