Tax Implication if I deposit Rs. 5 Lakhs in Bank

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  1. Totai

    Totai New Member

    I have salary income of 2lac for FY 13-14, 1.27lac in FY 14-15 as tution fees(shown at income from other sources). I have filed both the ITRs 2weeks back. & Im gonna show around 1.5lac as tution fee again in this FY. Now if I deposit 5lac & issue a cheque for the same amount, will it gonna be an issue.
  2. Manoj Mehra

    Manoj Mehra Active Member

    It should not be a problem if these incomes have been reported in the ITR
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