08 March 2020
One I.t. assess source income of below taxable limit for the f.y.2018-2019.A person previous savings cash amount Rs.5,00,000/-(five lacs) cash deposit in bank sb account for the f.y.2018-2019. My question: If a person I.t. return for f.y.2018-2019 before March ,2020 filed compulsory or no.
Guest
Guest
(Expert)
08 March 2020
It's not compulsory. Cash deposit doesn't mean it's income.