i have 5,00,000 cash deposits my savings a/c ...how long I can keep them & if any transfer made by others to my a/c ...can i include my income while filing IT return
???
" i have 5,00,000 cash deposits my savings a/c ...how long I can keep them?"
As long as you wish..........
"If any transfer made by others to my a/c ...can i include my income while filing IT return?"
Not anyone else but you are responsible to any transactions in your account. The source and its taxability is your liability.
CAclubindia
