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CA Mehul Shah answers #eChaiQnA : All you wanted to know about Rs. 500-1000 currency ban

Join us today at 4 pm to discuss about the impact of the Rs.500-1000 currency ban and what you ca...
Jatin Chaudhary curated this conversation as a part of above story
Ca Mehul Shah

When I am receiving Rs. 2000/- note , I know by confidence that there is of course highest probability that it is "White money" with which I am dealing! Whereas when I was receiving Rs. 1000 note , I can assure that I am going to pay tax on the Rs. 1000 note I have received as income but I am not sure whether it was accounted by the person who gave me that Note!

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Ca Mehul Shah

It is like we know that the New born baby is always "innocent" and "pure" whereas you cannot take guarantee of the integrity of the big baby like Rahul Gandhi.

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Nitin Pahilwani

RS. 2000 NOTE IS COMES WITH A TRACKER AND MORE ADVANCE FEATURES AND GOVT IS NOT PRODUCT 2000 NOTE TILL SOME TIME ONLY... RS. 500 NOTES WILL CONTINUE..

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Jatin Chaudhary

Nitin - Do let me know in case if you know the source about this tracker kind of feature for Rs. 2000 notes. I'll mention about it in the above thread.

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Nitin Pahilwani

Jatin, it was a hoax news, govt has clarified... govt will issue Rs. 2000 notes till some time may be 6 month or more... once the liquidation in market improve it will stop issue fresh new notes

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