I am a salaried professional and my salary is in range of 20-30 lpa.
Every month, I transfer maximum amount to my mother's account, saving myself only what I need in a month (30-40k). My mother then withdraws that amount from her saving account.
I didn't withdrew cash from my account, I just transferred amount to my mother's account and she withdrew cash from her account.
Now, I want to deposit 11 lacs to my account. Will there be any problem?
I have salary account and I have already paid income tax on my salary. I have all the ITR proofs with me.
In year 2015-2016, I paid income tax of 3.5lac approx. on my income of 19lacs approx. I have the payslips and ITR return with me.
CAclubindia
