regarding cash deposit in bank account
This query is : Resolved
14 November 2016
I am an employee my income is 4lacs per annum .I am having 2lacs savings Money at my home so,if I deposit that in my salary account do I have to pay tax ?
14 November 2016
No need to pay any tax.
14 November 2016
what will then I show if income tax department asks me" from where you have got this money ?"
14 November 2016
You can say it is savings from salary income.
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