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Q. > Please Help: Black money
Dear Friends, can you tell me how can a person convert his Rs 1000000 black money into white money and is their any limit of conversion ?
answered Jun 23, 2012 by Vikash Kumar Jha , Cuttack
Mr surendra, if a person want to convert his black money into white then he must have to pay tax on such black money and there is no limit like that for conversation to the extent of my knowledge.
answered Jun 26, 2012 by CA. SURESH Kr. AGARWAL , Delhi
NO PUBLIC ANSWER FOR SUCH QUESTION
answered Jun 27, 2012 by SHIKHA SONI
there is no answer for this
answered Jun 27, 2012 by SHIKHA SONI
payment of tax is necessary in case of unexplianed money
answered Jun 30, 2012 by Rambabu Senkarasetti , Guntur
There no legal answer for this question except by way of payment of tax?
answered Jun 30, 2012 by Siddharth Bumb
only to pay tax if you want legal way...
CA Sansaar

Comments
Vikash Kumar Jha
23-Jun-2012 , 01:34:25 pmMr. Surendra, if a person wants to convert his black money into white then must have to pay tax on such black money.