Easy Office
LCI Learning

Weather it deptt is concerned with this transaction??

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 April 2013 Sir, on my income,i paid the proper tax and then deposited the after tax sum in my saving bank account ( nearly 9 lakhs Rs) Now when I withdraw the whole amount, is deptt, in any ways, interested that where did I spend such sum. Wether in future, the deptt can send me notice to give explanations of the spendings.
Pls sir do reply urgently....
Profile Image

Gorav Kumar Goyal

Profile Image

Gorav Kumar Goyal (Expert)
16 April 2013 No, deptt. won't be interested if you have not escaped any income and filed proper ITR and paid income tax.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 April 2013 Thank you very much for the reply...
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links