Saving bank account transacoint
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2012
Hi
My Friend has been done 20 Lac transaction in personnel saving account per year .
is there any tax is applicable or need to pay Tax for such transaction
kindly revert
Hi
My Friend has been done 20 Lac transaction in personnel saving account per year .
is there any tax is applicable or need to pay Tax for such transaction
kindly revert
24 April 2012
Dear,
There is no Tax applicable on the transaction done in saving account. This is your personnel account in which you can deposit or withdraw rupees of your own.
There is no Tax applicable on the transaction done in saving account. This is your personnel account in which you can deposit or withdraw rupees of your own.
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