CASH DEPOSIT

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... One of my friends has borrowed loan of ₹ 8 Lakhs for construction purpose. The amount was paid to him by a contractor in cash. He deposited the amount in Bank and using for his needs as and w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hen necessary. Now a question has arisen whether this amount is questionable by I.T. authorities at a later date since cash is deposited in Bank ? - CASH DEPOSIT - Query Started By: - DURGAVADHYU .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... LA SUBBA RAO Dated:- 8-7-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X