- If you are not able to establish like dollars deposits, you may have to shell out tax plus penalty
- Certain taxpayers seek to establish the cause as actually gifts otherwise financing gotten by the them off household members or members of the family
From the present lingering analysis assessments getting financial season 2016-17, one of the most significant items of verification, especially in instances of personal taxpayers, has been that the reason of cash placed by taxpayers within bank accounts.
Read MoreThe way to show supply of bucks places to escape money income tax scrutiny