Saving account
This query is : Resolved
18 November 2016
Respected Sir
I am deposit in my saving bank A/c for last 5 year. now i have deposit in my a/c near about 500000 lacs.Is it taxable.
I am deposit in my saving bank A/c for last 5 year. now i have deposit in my a/c near about 500000 lacs.Is it taxable.
18 November 2016
If it is your earnings it is taxable. Deposit of old notes in excess of 2.50 lacs is liable for scrutiny and tax collection by IT dept.
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