if I want to pay anyamount in black ...can I withdraw from bank and pay to the other person..is there any problem if we do this? as spending the amount which I withdraw is my right spend and will dept has right to question?if they ask I reply that I made random donations to someone people where I don't have receipt..? is there any problem??
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Quick Summary
This discussion clarifies the concept of 'black money' and explores the legality of withdrawing funds from a bank account to make cash payments. It addresses concerns about potential tax department scrutiny regarding expenditure and suggests ways to account for withdrawn funds if questioned, such as stating they were used for random donations or gifts without receipts.
I want to pay money in black..for that purpose I want to withdraw white money and pay to him..I'm asking this can be done or it dep will questions on how I'm using my expenditure?