Cash deposit in bank account show procedure

a person cash deposit in two savings bank accounts rs:25 lacs(14+11) show in 26as
question:
assess cash deposit transactions how to show procedure in it returns.
Replies (2)
Quick Summary
Depositing a large sum of cash into your bank account, such as Rs 25 lakhs, requires careful consideration when filing your income tax returns. The key is to clearly demonstrate the source of this cash. The tax department is less concerned with the deposit itself and more interested in its origin, whether it be from loans, sales, or other legitimate income streams. Ensure you have documentation to support the source of your funds to satisfy any queries.

You need to show the source of cash deposited in the account because i.e the income, depositing cash in account is not an issue with department, issue is from where you get such a huge amount of cash either a loan sale amount or any. search for source of cash you will get answer to your question.
Show the source of income

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details