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Cash Deposit in excess of 10 lakh in bank
if the person has deposited more than 10 lakn in a bank A/c and have no source of income. What transactions can be stated by the person to for the cash deposits?
Replies (2)
See sec 115 BBE and sec 69.
Deposit are made for personal expenditure not from any source of income but in excess of rs 10 lakh
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