Bank transaction transfer limit from saving account
This query is : Resolved
28 September 2017
Sir,
Can we transfer above 1 lakh transaction from one saving account to other saving account.
Can I face any income tax issues???
Can we make transaction or not...
Please advise....
Can we transfer above 1 lakh transaction from one saving account to other saving account.
Can I face any income tax issues???
Can we make transaction or not...
Please advise....
28 September 2017
if the source is genuine, you can transfer the amount.
29 September 2017
no any question of having income tax issues so long as you are able to explain the source.
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