how to transfer money added in phonepe wallet to bank account?

72°
Deal Newbie
53
37
1

My dad added money in phonepe wallet accidentally from bank account. Is there any way to send to the bank account?

Thanks in advance

8 Comments  |  
5 Dimers
  • Sort By
0
8186
59

How much??

50
3731
45
Expand
BabuBhaiii wrote:

If my net income is less than 5 lakh by doing this and adding it….will I be charged tax

Yes if your income is less than 5 lakh but more than 2.5 lahh & you must file a proper ITR clearly showing this as income from other sources. It will also remain on record for years so in case of any future discrepancy this can be used as some evidence by income tax department.

70
239
9
Expand
guest_999 wrote:

No but you must file a proper ITR clearly showing this as income from other sources. It will also remain on record for years so in case of any future discrepancy this can be used as some evidence by income tax department.

Omg in 2018 I have hided 22k interest n all

50
3731
45
Expand
BabuBhaiii wrote:

Omg in 2018 I have hided 22k interest n all

22k interest is not that much(at 10% slab of 2.5-5 lakh tax will be 2200), I forgot to mention that for zero tax your income must be less than 2.5 lakh so edited my above post.

115
1058
6

Bro you can transfer through phone pe merchant . I recommend you don’t try to transfer at once try first-2000. Then- 3000 like this

Missing