The next time you accept any loan or deposit in cash, even from your friend or acquaintance, watch out that you do not walk into the tax trap of Sections 269SS and 269T of the Income-tax Act.
The provisions of these two sections got to be introduced to checkmate taxpayers found in possession of cash during search, survey or scrutiny, so that they cannot mischievously wriggle out from the Taxman's clutches by explaining the source of their unaccounted moneys as having been received from someone by way of cash loan or deposit.
Bu hikaye Ahmedabad Mirror dergisinin November 18, 2024 sayısından alınmıştır.
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Bu hikaye Ahmedabad Mirror dergisinin November 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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