Show cause notice

This query is : Resolved 

17 May 2017 one of my client got notice from dept regarding deposit in saving accounts of rs 12 Lakhs while he has been working in a psu since 2012 having salary of 6 lakhs p.a. so, please suggest me how can I make a reply for that

17 May 2017 What is the source of deposit. Is it old currency notes deposited during the period.

17 May 2017 no, he has deposited after demonetization and his source of income is , mainly I mentioned before, salary from a PSU.

17 May 2017 which (his savings) he keeps at his home as he has not trust on banks.

17 May 2017 Reply as the deposit in savings ac is out of salary savings kept as cash at home in view of no trust on banks.
Ensure the deposit is of Rs 100 old notes, in view of deposit after demonetization.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details