Doubts about bank balance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2016
I have salary income of 2lac for FY 13-14,
1.27lac in FY 14-15 as tution fees(shown at income from other sources). I have filed both the ITRs 2weeks back &
Im gonna show around 1.5lac as tution fee again in this FY.
Now if I deposit 5lac & issue a cheque for the same amount in March 2016 will it gonna be an issue.
1.27lac in FY 14-15 as tution fees(shown at income from other sources). I have filed both the ITRs 2weeks back &
Im gonna show around 1.5lac as tution fee again in this FY.
Now if I deposit 5lac & issue a cheque for the same amount in March 2016 will it gonna be an issue.
Ganeshbabu K
(Expert)
02 March 2016
It can be convinced like this money is from retained earnings or loan taken by others
Message likes :
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Ankur Singhal
(Expert)
02 March 2016
Dear
Pls check that the total deposits in the bank account is not more than Rs 10 lakh.
Otherwise no problem.
Pls check that the total deposits in the bank account is not more than Rs 10 lakh.
Otherwise no problem.
Amol S Joglekar
(Expert)
02 March 2016
What is the reality is more important than what you can show by creating some illusion. If you have the sources for 5L, show it accordingly. That is always better.
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