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What is black money?

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27 March 2014 Sir, I am a student from science side and my motive fir these questions is to just increase my knowledge not indulge in any bad works. I'll be obliged to get a nice n quick rply. Thnx in advance:)
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Sandeep Dharar

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Sandeep Dharar (Expert)
27 March 2014 It is that income which is illegal(ungenwin) in nature. Or in other words all income generated from illegal source is black money.
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