Cash deposits in saving accounts
This query is : Resolved
20 November 2016
I HAVE FILED MY INCOME TAX RETURN TILL F.Y.2015-16 REGULARLY. MY QUESTION IS I HAVE DEPOSITS CASH IN MY SAVINGS ACCOUNTS MORE THAN 250000/- FROM APRIL 2016 TILL DATE. TILL DATE WHATEVER DEPOSITS CASH IN MY SAVINGS ACCOUNT, THE TAX ON THE SAID AMOUNT PAID IN ADVANCE. AFTER MARCH 2017 WHEN I HAVE FILE MY RETURN OF INCOME WHATEVER ACTUAL INCOME AFTER CONSIDERING CASH DEPOSITS I WISH TO PAY IT. WHAT ACTION WILL RAISE ON ME BY I T DEPARTMENT WHILE ASSESSMENT.
21 November 2016
If you have paid the taxes and proved the source of income you will not face problem from IT dept.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Last year TDS Claim
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- Long Term Service award taxability in hands of company
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- 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
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
