CHECK THE DATE OF CASH WITHDRAWAL IN BANK STATEMENT OR PASSBOOK WITH CASH BOOK BECAUSE MISTAKE OF ANY CASHIER MAY BE COSTLY TO ASSESSEE.

CHECK THE DATE OF CASH WITHDRAWAL IN BANK STATEMENT OR PASSBOOK WITH CASH BOOK BECAUSE MISTAKE OF ANY CASHIER MAY BE COSTLY TO ASSESSEE. https://www.taxtmi.com/article/detailed?id=158 Discrepancies between bank-recorded withdrawal dates and cashbook entries can trigger scrutiny as unexplained receipts; preserve withdrawal slips, promptly obtain bank certificates where the statement shows the next working day, and reconcile records-consider recording after-hours payments on the next working day to avoid apparent short balances and reduce risk of additions under taxation provisions addressing unexplained income. en-us Mon, 08 Sep 2008 00:00:00 +0530 Mon, 08 Sep 2008 16:04:43 +0530 TaxTMI RSS Generator CHECK THE DATE OF CASH WITHDRAWAL IN BANK STATEMENT OR PASSBOOK WITH CASH BOOK BECAUSE MISTAKE OF ANY CASHIER MAY BE COSTLY TO ASSESSEE. https://www.taxtmi.com/article/detailed?id=158 Discrepancies between bank-recorded withdrawal dates and cashbook entries can trigger scrutiny as unexplained receipts; preserve withdrawal slips, promptly obtain bank certificates where the statement shows the next working day, and reconcile records-consider recording after-hours payments on the next working day to avoid apparent short balances and reduce risk of additions under taxation provisions addressing unexplained income. Articles Income Tax Mon, 08 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=158