Tips on how to show supply of money deposits to flee tax scrutiny

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Tips on how to show supply of money deposits to flee tax scrutiny

When you look at the present ongoing scrutiny assessments for economic 12 months 2016-17, one of many components of verification, especially in instances of specific taxpayers, happens to be compared to the origin of money deposited by taxpayers within their bank reports. The explanation with this would be the fact that big money deposits had been made through the 12 months by numerous taxpayers during the time of demonetization.

What’s the implication if a person is not able to spell out such money deposits?