Income Tax Return Filing - Rs. 999

Q. If I already have Rs. 1 Lakh in Account and I have deposited Rs. 2 lakh in Account, do Income Tax Scrutiny comes?

Agam Gupta November 22, 2016 800 Views

No, Scrutiny would not come in this case , as the deposited cash is less than Rs. 2.5 lakh limit first and if it may come, one can easily come out of it by saying that this amount is a saving of last two or three years in cash.

In case you have any doubt or query, you can post it in our CONTACT FORM.

CURRENCY BAN

File Your Income Tax Return Starting - Rs.999 

Subscribe to Exclusive GST.HUBCO Magazine

Free for first 2500 subscribers

Click to know more