Originally posted by : Prashant Thakkar | ||
My self Retail Traders and cash deposit in bank Rs.10,35,000/- on 15-11-2016. My cash position are on under: As on 31-03-2016 was Rs. 2,00,000/- and Sales Receipt From 01-04-2016 to 08-11-2016 was Rs.9,50,000/- and Sales Receipt from 01-04-2016 to 30-12-2016 was Rs.13,25,000/- and I have deposited cash in bank Rs.10,35,000/- on 15-11-2016. e.i. Cash in Hand as on 8-11-2016 Rs. 11,50,000/- Cash in Hand as on 31-03-2016 Rs. 2,00,000/- Cash deposit in Bank Rs. 10,35,000/- Cash Receipt up to 08-11-2016 Rs. 9,50,000/- Cash Receipt up to 30-12-2016 Rs. 13,25,000/- Cash Receipt 09-11-16 to 30-12-16 Rs. 3,75,000/- Please guide me how to fill up my figure in ITO notice form. |
As per half available data, reply cannot be given, as the cash deposited in bank and any payments from April 2016 to 8th Nov., 2016 are missing. And as per the given data AO is sure to catch unaccounted cash, so better take help of local CA to figure out some solution.