Regarding Suggested Reply of Cash Deposit
Dear Sir,
Pls Suggest us that what king of response to be submit against the cash deposit between 09.11.2016 to 30.12.2016
Guidance on Responding to Income Tax Queries for Cash Deposits Made Between Nov 9, 2016, and Dec 30, 2016 A user inquired about how to respond to queries regarding cash deposits made between November 9, 2016, and December 30, 2016. One response suggested disclosing the circumstances that led to the deposit, such as waiting for reduced bank crowds or observing government policies, and advised declaring the source of income and confirming the amount with the Income Tax Department. Another response indicated that the department lists individual deposits online, recommending users verify their entries and respond to any questions posed by the department. (AI Summary)
Income Tax