Monthly Archives: December 2016

Demonetization and Section 68 unexplained cash Deposits & Section 69C unexplained expenditure

On 8th Nov 2016, our Honorable PM Mr. Narendra Modi announced the demonetization i.e. Rs. 500/Rs.1000 notes will no longer be accepted as legal tender. When that news came everyone was panicking and depositing the available cash in their bank accounts or bank accounts to dear and near ones. But I guess it very important… Read More »