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1 CR. in cash how to save tax.

343 views 3 replies

Shiva Dubey

166 Points Posted on 31 March 2024

suppose I have 1 CR. in cash how to convert in to save tax or any other things like gst or income tax but I have to deposit in bank.. please give me suggestions any thing If can let me know.

Replies (3)

sabyasachi mukherjee

Profession Business

28207 Points Posted on 31 March 2024

Invest in nps, ppf, insurance , infrastructure bonds

Shiva Dubey

166 Points Posted on 01 April 2024

Any other things I want to deposit in bank and make it white but I don't want to pay taxes on that

Yasaswi Gomes new

Finance

4566 Points Posted on 02 April 2024

You don’t have to pay because your source of initial amount is taxed. That’s the principle. TDS on withdrawals is there. We can’t convert unknown money to white

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