serious problem

no as such there is no inqury , however if there is any cash withdrwal or deposit more than 10 lks in account , bank do send the details of transaction to income tax department and the department might give a notice under sec 142 for filling a return or if no income showed in reture inquiry may take place

however if there is such  transaction no provision get attracted towards the assess

agree with ramsinghania

despite of no query, one has to keep the minimum records ready for ready reference, as in such cases most of times we have seen that department comes to search point direct.