Moneycontrol PRO

you are here: HomeNewsBusinessEconomyDemonetisation: Deposits above Rs 10 lakh to be presumed as cases of tax evasion

SHOW NAMES

Trending Topics

Sensex Live Texmaco Rail Share Price John Cockerill India Shares GK Energy IPO Opens Today iValue Infosolutions IPO Day 2

business

Demonetisation: Deposits above Rs 10 lakh to be presumed as cases of tax evasion

Deposits made above Rs 10 lakh are to be treated as cases of tax evasion and along with imposing tax an additional penalty of 200 percent will be levied on deposits that don't match their tax declarations.

first published: Nov 9, 2016 10:13 pm

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347