Cash deposit in saving Bank
This query is : Resolved
02 April 2022
Dear Sir,
My previous annual income Is 191000/-(FY 2020-21) ITR filed in July 2021. cash deposit in SB account and RD account in April 20 to March 21 Rs.104000/-in FY 2021-22 annual income is Rs.202000/- ITR will be filed in up coming month Cash deposit Rs.147000/- RD, Saving,PPF so can I face any issues/ notice from IT department.
Dear Sir,
My previous annual income Is 191000/-(FY 2020-21) ITR filed in July 2021. cash deposit in SB account and RD account in April 20 to March 21 Rs.104000/-in FY 2021-22 annual income is Rs.202000/- ITR will be filed in up coming month Cash deposit Rs.147000/- RD, Saving,PPF so can I face any issues/ notice from IT department.
02 April 2022
Deposits within the income disclosed in the ITR. No problem no notice will be issued to you from income tax.
02 April 2022
No notice will be issued by the Income Tax department in the above case because the cash deposit is justifiable with the income disclosed in the return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
