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Is cheque deposit secure or do i need to continue neft s/a.

Tax queries 516 views 3 replies
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Student Others
61 Points Posted on 06 March 2014

Hi there, I am depositing cash in my savings account to do neft to my current account, my question is i have deposited more than 10 lac since last five months and now some 1 told me that i need to make a cheque payment to my current account, is there any difference in cheque payment or cash deposit. plz help me

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On 06 March 2014 at 12:17 Report
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Employee
41 Points Posted on 06 March 2014

Wondering how the aforementioned question falls within the category of Income Tax >> Tax Queries... indecision

 

 

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On 06 March 2014 at 12:30
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pratice
118 Points Posted on 06 March 2014

Sir Please deposit cheque or transfer from Current account

 

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On 06 March 2014 at 13:38
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Head Of Department (Accounts & Finance)
1479 Points Posted on 06 March 2014
Dear ziya this is not going to effect your tax liability. There is no problem in doing neft. these amount is going to addup to your capital a/c. And simultaneously to your current bank a/c
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On 06 March 2014 at 15:37


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