CASH DEPOSIT

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..... CASH DEPOSIT
Query (Issue) Started By: - DURGAVADHYULA SUBBA RAO Dated:- 8-7-2015 Income Tax
Income Tax
One of my friends has borrowed loan of ₹ 8 Lakhs for construction purpose. The .....

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..... amount was paid to him by a contractor in cash. He deposited the amount in Bank and using for his needs as and when necessary. Now a question has arisen whether this amount is questionable by I.T. .....

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..... authorities at a later date since cash is deposited in Bank ?
Discussion Forum - Knowledge Sharing .....

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