Weather it deptt is concerned with this transaction??
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2013
Sir, on my income,i paid the proper tax and then deposited the after tax sum in my saving bank account ( nearly 9 lakhs Rs) Now when I withdraw the whole amount, is deptt, in any ways, interested that where did I spend such sum. Wether in future, the deptt can send me notice to give explanations of the spendings.
Pls sir do reply urgently....
Pls sir do reply urgently....
16 April 2013
No, deptt. won't be interested if you have not escaped any income and filed proper ITR and paid income tax.
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2013
Thank you very much for the reply...
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