Deposit limit in a saving account (spouse)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 September 2017
Hello Experts,
How much can I deposit in my wife saving account who is not salaried?
Can I deposit 2L per annum will that be any problem?
what is the maximum amount per transaction I can deposit?
How much can I deposit in my wife saving account who is not salaried?
Can I deposit 2L per annum will that be any problem?
what is the maximum amount per transaction I can deposit?
22 September 2017
There is no restriction regarding cash deposits in SB account
22 September 2017
Please note that for banking transactions above Rs.50,000 in cash is possible only after linking PAN in the account
22 September 2017
And any transaction can be identified by IT Department by making use of the PAN. There is no such thing as safe amount which will not invite any problem. Problems will come if we do not have proper accounts for the money
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
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- LIC maturity claim whether taxable
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FCRA 6 E- Intimation
- EXPORT COMMERCIAL INVOICE HSN CODE
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
