Query reg income tax investigation
Querist : Anonymous
could you plz tell how much amount can i save in my saving account which is not questionable by income tax department?for example around 10 lakh or 25 lakh or 50 lakh or 1 crore means how much i can save ?
Querist : Anonymous
Is there a limit on how much I can keep in my savings account? ❌ No limit. You can keep ₹10 lakh, ₹50 lakh, or even ₹1 crore.
Will it be questioned by the IT Department? ✅ Only if the source is unexplained or not matching your ITR.
What if source is legal and documented? 👍 No issue. Keep any amount.
Can small deposits also be questioned? ✅ Yes, if they appear suspicious or are not backed by declared income.
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