HOW TO CONVERT BLACK MONEY INTO WHITE MONEY

recieved this money through gift from mother or father. this money deposited in mother or father a/c after mother or father give gift to son. and this wright on stamp.

i think ther's 1 way bt i m not too sure.......lets see..

If u hav any property maybe hp, machinery etc. u can pretend to be rented make a fake contract of rent with some party...recieve the money by cheque getting done with tds n all....then all money will be converted in white.... but u will hav to show it in ur income statement...n pay taxes too..thats only a type of losss

let me know wat u think/.....

Its simple. just pay tax on such sum and it will become white money.

Originally posted by : Mohinder PartapSingh LUDHIANA
	hello frnds. plz advise me. Suppose a person has5,00,000/- in black. how he could covert it in white money. i will for your answers. thnxs in advance

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hmmmmmmmmm

Disgusting. 

How could someone even post such an issue !!! 

Even worse, how could members of this club even reply to such STUPID post !!!

No wonder Indians have more deposits in foreign banks, CAs should help government in cleaning up the system. Here we see suggestions to an illegal act. You all will one day land up in jails and booked under Money laundering act. 

Dear Admin, 

Please remove this post.