05 March 2013
Respective Friends, One of our friend had deposited cash above Rs. 10 Lacs in his S B A/c. from the sales proceeds of his father's factory land in FY 2010-11 & even he had not reported the same in ITR also. Pl also note that he is a salaried person. Friends, Pl help him for fair opinion so I can mail him the fact. what will be consequences in this case urgent feedback awaited