Student
3986 Points
Joined July 2018
1. Income tax will be charged only for your income. The income tax department will not irresponsibly charge tax based on your bank deposits or balance.
2. However, they could as for the source of such income which is natural in any case.
3. Banks too have no right to deduct TDS unnecessarily for the deposit you have made. They may ask for a source but no right to deduct tax without your knowledge.
Please correct me if the above solution has an alternative view.