banner_ad

Kinds of income tax return

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 April 2014 what about when cash is deposited into saving bank a/c more than 10 lacks in a year?

Can Return of income tax submit for income from business activity in above case?
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
21 April 2014 well you need to submit your tax return on the basis of nature of income earned. if it is business income, file the same..
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
22 April 2014 if you are deposit the cash rs. 10 lacs or more in a year then bank are sending annual information to income tax office.

now at present income tax deptt are sending notice to saving a/c holder who not file the return and deposit and withdraw cash rs. 10 lcas or more in a year .
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
22 April 2014 if you are deposit the cash rs. 10 lacs or more in a year then bank are sending annual information to income tax office.

now at present income tax deptt are sending notice to saving a/c holder who not file the return and deposit or withdraw cash Rs. 10 lcas or more in a year .
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details