Compulsory filing on ITR for cash deposits
This query is : Resolved
28 December 2023
Dear Experts,
If cash deposits is more than 10 Lakhs in savings account in a FY , then is it compulsory to file ITR for that year?
This has been captured in AIS and feedback is expected for the same for Non filing.
Please advice.
Regards,
If cash deposits is more than 10 Lakhs in savings account in a FY , then is it compulsory to file ITR for that year?
This has been captured in AIS and feedback is expected for the same for Non filing.
Please advice.
Regards,
CA R SEETHARAMAN
(Expert)
28 December 2023
What is the source of deposit.
File ITR disclosing source of such deposit.
File ITR disclosing source of such deposit.
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