Dear
If we transfer 10 lac rs or more ttha 10 lacs ra to other person savings bank account. And he will withdraw money with 2 months or less so is there any problem will create for receiver and giver. Income tax or else
Dear
If we transfer 10 lac rs or more ttha 10 lacs ra to other person savings bank account. And he will withdraw money with 2 months or less so is there any problem will create for receiver and giver. Income tax or else
Yes, if found anything fishy.
All the transactions should be justifiable.
CAclubindia
