one of my client runs a trust and during the year he has received Cash of Rs.10 Lacs or more in his personal Savings A/c becoz his trust is having a a/c in a XXX bank which is not available in small cities... n now he needs a loan and the bank has asked apart from his Trust Audited report n itr , even his personal Itr for 2 yrs
my cleint has not file his personal itr earlier...he rec salary n no other sources n he is having 3 savings a/c and all of them are showng heavy transaction n even his wife also
my query is ...now his personal Saving a/c is showing heavy transaction...so what will be the next step.....and which ITR to file for his personal
CAclubindia
