The assessee is a farmer who has 30acres of land. During the FY 18-19 ,he deposited 65lacs cash and made the withdrawal subsequently for agriculture expenses. Now the notice was received for the cash deposit. How the issue can be solved?
thank you
Sale of rural agricultural land is exempt but ..... still it has to be shown in itr in exempt income. Hiding facts from ITR is an offence. So, pls meet a CA regarding this with all docs as said above.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
CAclubindia
