I will face any tax issues by transfering 20k
kanth bandari
(Querist) 14 December 2018
This query is : Resolved
Hi,
Iam tranfering everday 20k from my ICICI bank account to My own SBI account to maintain high net balance, My doubt is by doing everyday 20K transction, I will face any Tax Issues?
Dr J C Vashista
(Expert) 16 December 2018
Contact your banker, chartered accountant or some other professional in the field.
This platform is meant for advise on disputes involving legal points/issues, which is not there in your query as the same pertain to procedure.
M V Gupta
(Expert) 22 December 2018
you will not face any tax issues as the transfer is made to your own account with another bank.