21 April 2012
hi anyoone please reply me agar mai 1500000 bank mai one year deposite and withdrawl karta hu aur vo bbi hdfc. ke saving account mai jo 10000 minimum deposite ha to koi tax to nahi hai na please suggest me
21 April 2012
You may get inquiry from Income Tax Department for Explaining the Transaction as this transaction is under IT Vigilance via Annual Information Returns etc. No Tax unless No Income As such.
CAclubindia
