Kinds of income tax return
This query is : Resolved
ram kishan kumhar
(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?
Can Return of income tax submit for income from business activity in above case?
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..
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 .
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 .
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 .
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 .
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