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About income

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(Querist)
01 June 2019 A trader who did not withdraw money from his firm but credited 100,000 rupees in his Personal Savings Account throughout the year, as per IT Rule would it be treated as income from other source (Extra Income)?
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Amol S Joglekar

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Amol S Joglekar (Expert)
01 June 2019 if it is loan from some one, then there is no any question of being treated as income.
if it is without any such explanation, it will be treated as income
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Praveet

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Praveet (Querist)
01 June 2019 ok thank you sir for quick answer
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Amol S Joglekar

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Amol S Joglekar (Expert)
01 June 2019 you are most welcome.....
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