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White money???

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(Querist)
12 April 2009 I want to ask, what is white money?
Which column of ITR represents white money?
Is 'capital as on date' represent white money?
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
12 April 2009 income on which u pay tax is ur white money
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Shobhit Gupta

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Shobhit Gupta (Querist)
12 April 2009 Is 'capital as on date' can also be represented as white money?
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
12 April 2009 yes as it will be disclosed.
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Shobhit Gupta

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Shobhit Gupta (Querist)
12 April 2009 thank u. thanx a lot
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
12 April 2009 The income & wealth which has been accounted till date is known as white money.
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