Under Tax payers Information (TIS) there is reporting related to Purchase of term deposits as Gross Purchase Amount but in actual the source is coming from closing the Previous Term Deposit and Reinvesting can any one suggest how The Income Tax personals will be known that these are reinvested
Open Co Consulting LLP
New Delhi
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V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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CAclubindia
