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Can a Govt. employee deposit more than 1 Lakh in account
23-Nov-2023 (In Tax Law)
Sir, Can a Govt. Employee deposit more than 1 Lac in Account due to Note demonetization. If that total income of 1 year is not above 2.5 lac.
Yes, Govt employee can deposit but being a Govt servant you should have proper justified amount in case any query raises by IT department as your total income are lower then 2.5 lac a year. Bbbbbbbbbb
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Adv. Atul Kumar
Delhi | 25+ Answers
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