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Weather it deptt is concerned with this transaction??

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 April 2013 Sir, on my income,i paid the proper tax and then deposited the after tax sum in my saving bank account ( nearly 9 lakhs Rs) Now when I withdraw the whole amount, is deptt, in any ways, interested that where did I spend such sum. Wether in future, the deptt can send me notice to give explanations of the spendings.
Pls sir do reply urgently....

16 April 2013 No, deptt. won't be interested if you have not escaped any income and filed proper ITR and paid income tax.

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 April 2013 Thank you very much for the reply...


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