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Excess fund recieved in account

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2016 Sir,

I had got an amount of more than 2.5 lakh from sahakarana sangham.As the currency restrictions imposed how can i deposit it & what shall i do for it& what are the procedures if return to filed.

21 November 2016 U can deposit the cheque to Bank, no need to worry in that case. The restriction is for cash only. U must show it as income from other sources in ur IT return. U may hire any tax professional or TRP to file ur IT return if u dont kno how to file. Or u may visit the following link for the process of filing:-

https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/HowToEfile.pdf?0.46627049184163116



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