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(Querist)
27 November 2016 i have borrowed loan of 10 lakhs and the banker make deposit of loan amount into my s.b account and department will make notice of time deposit exceeding 2lakhs how to explain it or while filling how can i show it in return
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
27 November 2016 you must be having some documentation as evidence of loan? don't you?
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
27 November 2016 All the supporting document related to the loan can be presented to the department.
I hope no further question will require by the department.
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