Black Money

Hi Every one

Are Practising Chartered Accountants responsible for creation of Black Money.

Option A - Yes - Chartered Accountants adjust the figures and make the cliet pay lesser amount of tax creating black money

Option B - No - Chartered Accountants emphasis their client to show black money has income and make him pay tax at 30% tax and convert the rest 70 % into white

Option C - Skip this Question

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Replies (1)

A well guided charted accounts emphasis thie client to show the black money, and pay the tax accordingly to convert into white money.

Once the client may escape from eyes of law, but not for along time .

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