what-is-income-tax'

Authentication of Cash Deposit by Income Tax Department

Authentication of Cash Deposit by Income Tax Department

After the scenario of demonetization, large cash deposits were done. As a result, income tax department initiated a robust inspection and maintained documents such as bank statements, passbooks, sales and land records. Furthermore, the income tax department shall make the documents available to the taxpayer, so that he or she can claim the large cash deposited by them. This amount can be …

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