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Income- Tax Treatment

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(Querist)
28 July 2008 What will be the income-tax treatment of Rs. 3 Crore unearthed by the BJP M.Ps in Parliament & in whose hand it will be assessed?
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CA Anuj Garg

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CA Anuj Garg (Expert)
30 July 2008 Boss these kind of things get settled fro back door.

No can prove that whose money it is

but finally it wll be tfd to some kind of fund maintained by parliament or PMO and no one is gng to taxed for this money

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