Bank credited more than ten lakh

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RAHUL (Querist)
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19 March 2015 sir i want to know that my account has credit in a fin. year 2014-15 10 lakh twenty thousand ....any problem in it...plz help me

Soumitra Basu (Expert)
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20 March 2015 IF YOU CANNOT PROVE THAT IT IS A GHOST CREDIT THE AMOUNT MAY BE TREATED AS INCOME IN THE HANDS OF YOURS.

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