Cash Deposit

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2010 My Friend Deposited a Sum of Rs. 150000/- as Cash in my Account and I Gave him a Cheque of Same Amount, Is it taxable or Not

31 December 2010 THIS WIIL NOT BE TAXABLE PROVIDED YOU SHOLUD GIVE PROMINENT CLARIFICATION REGARDING THIS TRANSACTION.



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