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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Itr 1 processing
- ITR 2 Short Term gain & Long term gain
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
