Huge cash deposited in Current a/c by client
Querist :
Anonymous
(Querist)
03 April 2010
03 April 2010
03 April 2010
My client deposited appx.8-10 lacs in his C/a.He was not filled return after ass yr 2006-07..
1)Can i cash create from filling return of ass yr.2009-10,2010-11.Remain cash thru
2)Create his wife and brother income i cash and gifted to client..
Plz give me reply with tax planning..
1)Can i cash create from filling return of ass yr.2009-10,2010-11.Remain cash thru
2)Create his wife and brother income i cash and gifted to client..
Plz give me reply with tax planning..
CA. Ashish Bihani
(Expert)
07 April 2010
07 April 2010
07 April 2010
Please clarify your query...
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