total credit above rs. 1000000

amar preet singh (professional) (229 Points)

06 March 2009  

i open new account in bank on 01/04/2008 and my total credit in the bank pass book is above Rs. 10,00000/- from 01/04/2008 to 28/02/2009.  as per Annual Information Report ( AIR ) i have to report the Income Tax Department if my total Receiving in bank is equal to Rs. 10,00000/- . I am confuse whether it will be aggregate for the wohle year or one time deposite in the single day fro Rs. 10,00000/-