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Cashdeposits exceeds rs 1500000

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(Querist)
30 April 2015 how will treate in the books of account to avoide scrutiny??
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
30 April 2015 In the books of account you have to record the source properly so that the same can be explained properly.
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alpesh

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alpesh (Querist)
30 April 2015 what source can shows in books?



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CA Deepesh Ruhela

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CA Deepesh Ruhela (Expert)
30 April 2015 Source means from where you received the cash, Supported with proper documentation.
In short, you can trace the whole transaction easily.

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