Amount transferred bank to another bank
This query is : Resolved
16 June 2021
Sir,
A person own savings bank account some money transfer to another own savings account payment through on online mode procedure consider income or not.
A person own savings bank account some money transfer to another own savings account payment through on online mode procedure consider income or not.
16 June 2021
Such a transfer within one's own accounts is not an income for the purpose of income tax.
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