08 August 2016
I am a salaried person in government service. I got salary around 40000 per month and i file income tax return every year and pay income tax also from last 13 years and i withdraw my salary every month for helping my relatives and friends and some money for me also . I am also doing some FD and RD in my rural bank account . After doing this for 13 years they (friends and relatives ) give me back my money and i also have some money in FD and RD .so total around 23 lakh cash is in my hand now .so if i deposit this money in my one account at once .so i have to pay income tax again on this money.
CAclubindia
