We are three real brothers. In the last financial year 22-23, our resident status was changed.
Also, we pre-closed home loan by depositing 20 lakh cash in the bank. Now that amount is reflecting in AIS of our PAN Cards.
Brother 1: I withdrew 6 lakh cash the same financial year from the bank acccount.
Brother 2: He withdrew 1 Lakh in 22-23 YR.
Brother 3: He didn't withdraw money in 22-23 financial year.
so is there any issue ? Because it was a big cash amount? If yes, then how can we file ITR now and is there solution? Please suggest. Thanks
CAclubindia
