01 May 2017
dear Sir
in my earlier question I was asked you while preparing ITR 1 sahaj return for the assessment year 2017-18 (financial year 2016-17) Due to over sight I have filled in the bank deposit column below 50000/-. Does it have any problem .actually it has been asked in the return case deposits during the period 9.11.2016 to 30.12.2016. please answer me sir. sorry for the interruption
thanking you
sekhar
01 May 2017
Under ITR-1 Cash deposit during demonetization period is to mentioned mandatorily only if cash deposited during that period is more than Rs. 200,000, otherwise there is no mandatory requirement of filling same.