Deposit query

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1 Points Posted on 02 February 2022

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

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On 02 February 2022 at 23:16 Report
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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.

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19 Points Posted on 03 February 2022
No, there is no such rule.
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On 03 February 2022 at 02:44
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Chief Accountant
3150 Points Posted on 04 February 2022
No, there is no tax...
It's your money, whether u keep than in one account or other account.
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On 04 February 2022 at 21:05
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A.T.
24 Points Posted on 05 February 2022
Notice received under section 142 1 for the f.y. 12-13 in f.y 22-23
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On 05 February 2022 at 21:00

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