Deposit in current ac

subhashis bag (Electrical Engg) (55 Points)

14 November 2016  

If I start start transaction in our current ac of my partnership farm daily depositing 2 lac and withdraw maximum amount on next day for next 60 days. Total deposit amount can be 1cr and withdraw also 1 Cr. How can I show this in business file and what can be the consequences?if I show only 2-3 lack profit on this transaction what can happen?