Sb a/c transaction
This query is : Resolved
krishna patil
(Querist)
23 August 2016
What are the limitations of savings bank account transaction, if I made above 5 lak is it taxable or any taxable limit applicable.
Amol S Joglekar
(Expert)
23 August 2016
it is NOT the question of taxable......the banks are duty bound to send the report of such savings bank accounts ot respective commissioneer of income tax
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