Rakesh Bhalotia (Accountant) (97 Points)
20 June 2011One 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.
CA Anshu Agarwal
(B€ @LW@¥$ ]-[@Pp¥)
(1832 Points)
Replied 20 June 2011
for any solution detailed study of the case is required....
it will be better to contact a taxation professional near-by you.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 20 June 2011
cash deposited above 20000 will be disallowed
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
