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Can income tax authority question over paypal transfer binary money


30-Jul-2023 (In Banking / Finance Law)
Hello sir my account manger of binary trading is trading for me in usa with my account. He takes % of profit. The thing is that if i transfer that trading money from paypal 5 lakhs in one day , will incone tax ask any question or simply cut my tax20% income tax & i m out in this . Please tell can i daily transfer big funds or there ia s risk . What is the solution for this . I m ready to pay tax slaps but i want my money in my account daily . Please give me a valuble answer for help
Answers (1)

Answer #1
948 votes
Hello Client HRU,
I have read your question very well and i am able to give you the solution of your problem in the way that you will not be asked in any form that from where the money got tranphered in to your account and why this money is been getting transphered to your account they will only charge the tax slab and you will be freee from all the troubles of income tax.
but for this you have to the things as per my direction and under my supervison only then only it will be possible.
Thanks.

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