EASYOFFICE
EASYOFFICE
EASYOFFICE

Large amount cash deposit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 January 2014 Do deposit/Withdrawl of large amount of cash in bank look suspicious? If yes then, what are the standard audit practices in this regard?
Profile Image

CA Siddhartha Bhardwaj

Profile Image

CA Siddhartha Bhardwaj (Expert)
30 January 2014 Cash deposit of Rs. 10 lakhs or more in a saving bank account is reported in AIR.

AIR is filed with the Income Tax Department and ITD may send a notice.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links