• While you are struggling to explain for example cash dumps, you might have to shell out taxation together with penalty
• Certain taxpayers seek to confirm the main cause as actually presents or fund acquired of the them regarding relatives or members of the family

Throughout the recent ongoing analysis assessments for economic year 2016-17, one of the most significant bits of verification, particularly in instances of personal taxpayers, has been regarding the cause of cash transferred because of the taxpayers in their bank accounts. The explanation for this is the fact that highest cash deposits were made for the seasons by many taxpayers at the time of demonetization. Continue reading «How to prove source of dollars deposits to escape money tax analysis»