Cash deposit in saving Bank
This query is : Resolved
02 April 2022
Dear Sir,
My previous annual income Is 191000/-(FY 2020-21) ITR filed in July 2021. cash deposit in SB account and RD account in April 20 to March 21 Rs.104000/-in FY 2021-22 annual income is Rs.202000/- ITR will be filed in up coming month Cash deposit Rs.147000/- RD, Saving,PPF so can I face any issues/ notice from IT department.
Dear Sir,
My previous annual income Is 191000/-(FY 2020-21) ITR filed in July 2021. cash deposit in SB account and RD account in April 20 to March 21 Rs.104000/-in FY 2021-22 annual income is Rs.202000/- ITR will be filed in up coming month Cash deposit Rs.147000/- RD, Saving,PPF so can I face any issues/ notice from IT department.
02 April 2022
Deposits within the income disclosed in the ITR. No problem no notice will be issued to you from income tax.
02 April 2022
No notice will be issued by the Income Tax department in the above case because the cash deposit is justifiable with the income disclosed in the return.
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