Deposit query

will I be taxed if I keep changing my money from one Bank to another Bank account

Replies (3)
Quick Summary
This discussion clarifies that moving money between your own bank accounts does not incur any tax. It's your personal money, and its location between different accounts is irrelevant for tax purposes. The conversation also touches upon receiving a notice under section 142(1) for a past financial year.

No, there is no such rule.
No, there is no tax...
It's your money, whether u keep than in one account or other account.
Notice received under section 142 1 for the f.y. 12-13 in f.y 22-23

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