it assess example net income rs:4 lacs in it returns
1.cash gift to son rs:8 lacs through on online mode
2.domestic expenses rs:2 lacs (personal drawings)
question:
assess net income is very low and cash gift and personal drawings total high value accepted in it act.
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It query for net income low and cash gift and personal drawings high value accepted
Replies (1)
Yes provided you are able to substantiate them.
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