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Traceable income
THE ONE QUESTION RAISES IN MY MIND THAT IN MY FAR RELATIVES & CHILDHOOD FREINDS MOST OF THEM HAVE TOO MUCH BLACKMONEY, WHICH IS OF NO EXPLANATION SOMEBODY HAD MADE ME A UNKNOWN PRANK CALL THAT U RECIEVE NEARLY 1 ONE CRORE OF MONEY AT YOUR HOUSE BOUNDARY TILL DECEMBER 31ST OR UP TO END OF PROVISION PERIOD PROVIDED BY THE GOVT, IF I DEPOSIT THIS INCOME BY GIVING THIS EXPLANATION, WHAT PERCENTAGE % I HAVE TO PAY TAX................
Replies (1)
30% + 200% penalty = 90%, and some period in Jail as Bonus.
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