Guys I am 20 year old who does not file any ITR .Student with no work .
Both my parents after retirement kept 10L in my Bank account in FDs as they were reaching their ceiling of no tax .
From the basis of this bank gave me a pre approved credit card last year , where I have shifted all my household and personal expenditures . Lets be honest reward points are sweet and 50 Day interest free credit is cherry on the top
Now every month an amount of 35k -40k is deposited in my account by my parents to pay CC bills and some for my own expenses
This way I have gotten approx 4L transferred to my account in last 12 months
Now when Filing my ITR this year how will I show this 4L income ?
Interest is already shown no issues
Thanks
CAclubindia
