Begin typing your search above and press return to search.
Demonenization; Cash transactions above 2 lakhs during the window-period must be shown in the IT Return
All cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period after the note ban will have to be disclosed in...
Demonetization: 200% Penalty on Cash Deposits above 2.5 lakhs, PAN is mandatory for Gold Purchase
Reportedly, the Government warns to impose tax on all cash deposits above 2.5 lakhs with 200% penalty in case of income mismatch.Any mismatch with income declared by the account holder will be treated...
