One of my friend having airtel mobile distributorship. in transaction with airtel he has deposited cash in account of the company directly many times. At the time of Assessment the ITO has added all the amounts in income. So, please give me the solution what step should be taken.
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Cash deposit
Replies (2)
for any solution detailed study of the case is required....
it will be better to contact a taxation professional near-by you.
cash deposited above 20000 will be disallowed
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