Rs 5.2 crore cash deposit, but Rs 7.65 lakh shown in ITR: Grain trader wins tax case after ITAT quashes notice, finds bank account was disclosed in Form 3CD
While examining the ITR, the ITAT Delhi found that the bank account details had been provided through Form 3CD. (Image for representative purpose only) You make large cash deposits in your bank account, but report a much lower income in your tax return. The bank reports the deposits to the Income Tax Department as part […]
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