Impact as per income tax
This query is : Resolved
20 July 2014
if I am giving check to some other person and taking from him money in cash the amt is 1 lakh rs . then what will its impact as per income tax.
case lagne ke chances hai kya?
20 July 2014
what is the purpose of this transaction is noy mentioned.
20 July 2014
If your purpose of transaction is bonafide then there will not be an issue. It is not necessary that just for the sake of this transaction your file will get selected for scrutiny.
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