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Regardring non disclosure of cuurent account inreturn

This query is : Resolved 

16 December 2012 respected sir, my client did not disclose current account in bank relating to financial year 2011-12in which transaction has gone upto 20,00,000/-, whether this transaction details can go to officer under AIR? AO can get details under any section?

16 December 2012 Yes the AIR limit has crossed.

18 December 2012 thanx sir, can you give me section number or rule number reference?




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