during demonstration i have deposited rs 1.30 lakh only proprietary business account and rs 1 lakh in my savings account . is it necessary to show in it returns
5 Replies
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 11 August 2017
in cash of more than 2L it is necessary to do so.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 11 August 2017
Yes. If total cash deposited in all accounts exceeds Rs.200000/- then you are required to give details in returns.
sunil kumar sharma
(jr accountant)
(708 Points)
Replied 11 August 2017
my view is above 2.5 lakh because you will fill return then you see there a option of deposit details
Chhatra Singh Dugar
(1464 Points)
Replied 11 August 2017
No it is written in Return that cash deposited Rs 2 lakh or in excess of that not 2.5 Lakh.
sunil kumar sharma
(jr accountant)
(708 Points)
Replied 12 August 2017
chhatra singh
Please send your email id I am send a pic of return
Please send your email id I am send a pic of return
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