ITR Cash deposit in Saving account

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729 Points Posted on 24 January 2022
Dear Sir,

I am not filling ITR due to annual income is less then basis limit but I am deposit Cash in saving account after saving. in this year my income exceeded from limit and I have Filed ITR so can I face any issue from Cash deposit in saving account.
Cash deposit detail Rs.41000/- In 2017-18, Rs.38900/- in 18-19 , 44600/- in 19-20,Rs.49700/- 20-21 and 52300/- 21-22
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On 24 January 2022 at 09:56 Report
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Quick Summary
This discussion addresses concerns about cash deposits made into a savings account when annual income was below the ITR filing threshold. The user filed an ITR this year as their income exceeded the limit and is worried about past cash deposits. Previous deposits were between £38,900 and £52,300 annually. The consensus is that no issues were faced with these deposits, though filing an ITR is generally recommended.

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SEO Sai Gr. Hosp.
212506 Points Posted on 24 January 2022

No issues faced in such cash deposits.

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On 24 January 2022 at 11:12
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65 Points Posted on 24 January 2022
No Issues at all... but it is generally Recommended to file your ITR. It is always useful.
1 Reply
On 24 January 2022 at 15:55
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729 Points Posted on 24 January 2022
Thank you very much Dhirajlal Sir, & Vishaal Sir,
1 Reply
On 24 January 2022 at 18:27

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