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Same pan different bank accounts

JamMang Guite (unemployed)     23 May 2019

JamMang Guite
 3 likes  98 points

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 I have a question:

One organisation having same PAN, different bank accounts. Bank1-HQ & Bank 2 - Branch.

Is it mandatory to transfer fund from bank1 to Bank 2 for audit purpose as well as report to income tax?
Condition: bank2 submitted their internal audit report to bank1 at the end of FY.

If yes, under what income tax rule?

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