transaction in saving account
This query is : Resolved
16 November 2016
i have done transaction above 10 lacs in saving ac.
i deposited the cash and made payment for the goods. and sold. recived it . and deposited again for again payment.
what to do. i dnt under stand.
16 November 2016
You have to prove the source of income for deposits made in savings ac in excess of 10 lacs in cash to IT authorities when asked for.
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