banner_ad

2 lakhs cash withdrawal from own bank account

334 views 8 replies
please clarify the position RS. 2 lakhs from my bank account through my employee .
Replies (8)

Is it a fraud? Transfer the amount to suspense account and call the police.

My personal purpose this type withdrawal permissible or not under I T Act , please clarify the position .
This amounts to circumventing the provisions of the Act.
Why , I am senior citizens age above 69 years and government guideline not move at present KARONA position in India , it is permissible or not at present condition

Any transfer is possible online. Since banks are working, transfers are permissible. 

Any penalty imposeable this type withdrawal from own account under Income tax act at present

If money is withdrawn from your account, there is no penalty imposed if the transaction occurred with your consent. If someone took your money without your knowledge, you have to speak to the bank for compensation. 

Thanks


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details