How much amount can be deposited in saving acoount.

This query is : Resolved 

03 November 2019 Sir,

I have shown my Income in in IT FY 2014-15-400000, FY 2015-16-450000 ,FY -2016-17=455000,FY 2017-18=450000,FY2018-19= 480000. total=2235000.
Can I deposite this amount in saving bank, If yes whether i have to pay tax on it.

Please suggest i have confusion.

04 November 2019 Can Any Experts can clarified my doubts please.

04 November 2019 As per Your query Your income is Rs 2235000... If yes, You can't spend any single penny till date from 14-15...?

04 November 2019 Yes , I got the Point.

04 November 2019 Very Well.... Good Luck...

04 November 2019 Sir,
But this income generate after deduction of all expenses in each Financial year. Whether it may be Indirect or personal expense. Then why i Cannot.

04 November 2019 Are You consider Your all family Expenditures from 14-15...?
The BEL is using for personal nature... If You have the amount then deposit as per Your way. In case any queries from IT then explain the sources of fund.
No more other roblems...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details