high value transactions for it?
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I made FD of 25 L that also 2 fd ,one 10 and one 15 lpa,same bank,same acct
still bank reportted it to IT dept
is there way to avoid this reporting?
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https://www.desidime.com/discussions/high-value-transactions-for-it?page=1#post_8261043
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https://www.desidime.com/discussions/high-value-transactions-for-it?page=1#post_8255836
What do you think why the bank will not report this transaction?
Had it been different bank and different account, i could have understood
https://www.desidime.com/discussions/high-value-transactions-for-it?page=1#post_8261044
some other tier 1 bank didnot
https://www.desidime.com/discussions/high-value-transactions-for-it?page=1#post_8255860
sft ke under report karna hota hai.vaise bhi all fd details even of 10k go to them.tension kyu le rahe ho?
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Its is mandatory to report fd above 10lac. under one customer id.
Why you worry about reporting. just declare while filing itr