i made an advice to Mr.x that he should file his return is v.imp & benificial.
Mr. x says he has never filed his return, although he getting in to various types of small businesses hav made a good amount of money . now wt every money he has is in cash.
if he show all the cash income for the currnet, than he fall in to heavy tax category.
how should i proceed wit the case. as such category of people say let it be when any thing will happens in future we'll bribe out and settle instead of paying so much tax.
wt is the smart way in such a case where BOTH GOVERNTMENT & THE TAXPAYER will benefit.
CAclubindia
