Tax plus penalty on deposits above Rs.2.5 lakh

Revenue Secretary Hashmukh Adhia - Sakshi Post

Deposits Above Rs 2.5 Lakh To Face Tax, Penalty On Mismatch

Nov 09, 2016

Cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200 per cent penalty in case of income mismatch.

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Main Challenges In India’s Real Estate Sector

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