mr a depoisit cash in the bank rs 20000/-
but dont show the source from where hi get this income
in this way he depoisit around cash of rs 750000/- in year
but dont show from where hi get this income
result cash in the b/l showing credit balance
my question is what he should do to show this cash as debit balance
option one increasing the sales or get the loan from other in cash
which is good and y
and allowable as per income tax
CAclubindia
