Home |Tax returns filing |
Is AO approval not reqd if amount in cg acct. is less than 5 lakhs (interest only ) while closing it?
Is AO approval not reqd if amount in cg acct. is less than 5 lakhs (interest only ) while closing it?
Write Answer


Answered on May 14,2022
Required if you are not utllising for the concerned purpose.
Related Questions
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on May 10,2021My son is an NRI and his tenant has to deduct TDS (Tax Deducted at Source) every month and deposit in the bank. After every quarter, he has to submit Form 27A and 27Q online and then generate Form 16A. Is it possible that I deposit TDS amount as advance tax every month in the bank?
As per Income Tax Act, TDS has to be deducted under sec 195 of the Act in these type ...
2
0
159
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on November 24,2020I am a senior citizen and the length of income tax return form 2 or ITR 2 is worrying. Is it necessary for a Non-Resident Indian (NRI) to fill the Schedule of FSI, tax relief (TR), Foreign Assets (FA)?
If its not applicable to you, leave that. You have to give your ID number issued by the Country ...
2
0
88
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on November 22,2020I am a non-resident Indian (NRI). I do (Systematic Investment Plan)SIPs in six equity mutual fund schemes that amount to INR1.8 lakh a month. I do not have any income in India and every year I get refund for tax deducted at source (TDS) of debt funds. I would like to churn my portfolio (units that have completed 1 year) every year before 31 March and reinvest the amount in same plan before 31 March. Will long-term capital gain tax (LTCG) tax reflect on my 26AS certificate? Can I claim refund as I do not have any income in India?
Since you are an NRI and investments had made as the capacity of NRI, TDS will be deducted on ...
2
0
284
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .Form 15G/H เดฌเดพเดเตเดเดฟเตฝ sign เดเตเดฏเตเดคเต เดเตเดเตเดคเตเดคเดพเตฝ TDS เดชเดฟเดเดฟเดเตเดเตเดจเตเดจเดคเต เดเดดเดฟเดตเดพเดเตเดเดพเดฎเต ?
Yes. Please see 15G video for more information.
1
0
22
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .เดชเดพเตป เดเดพเตผเดกเต เดฒเดฟเดเตเดเต เดเตเดฏเตเดฏเดพเดคเตเดค เด เดเตเดเตเดฃเตเดเดฟเดฒเต เดเดเดชเดพเดเตเดเตพ 26 AS เตฝ เดเดฃเตเดเดพเดเตเดฎเต? 10 เดฒเดเตเดทเดคเตเดคเดฟเตฝ เดเตเดเตเดคเดฒเตเดณเตเดณเดต เดฎเดพเดคเตเดฐเดฎเดพเดฃเต เดเดฃเตเดเดพเดเตเด?
No. Pakshe PAN card link cheyyathe 50K mukalil transactions cheyyan pattilla.Please see 26AS video for more information
1
0
33
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .เดเดเตเดเตพ 10 เดชเตเตผ เดเตเตผเดจเตเดจเต เดเดฐเต เดเตเดเตเดเดพเดฏเตเดฎ เดฐเตเดชเตเดเดฐเดฟเดเตเดเต เดเดฐเต เดเตเดฏเดฟเตปเตเดฑเต เด เดเตเดเตเดฃเตเดเต เดจเดพเดทเดฃเดฒเตเดธเตเดกเต เดฌเดพเดเตเดเดฟเตฝ เดเดเตเดคเตเดคเดฟเดเตเดเตเดฃเตเดเต.เดเดคเดฟเตฝ เดตเตผเดทเด 10 เดฒเดเตเดทเดคเตเดคเดฟเตปเตเดฑ เดฎเตเดฒเต เดเดเดชเดพเดเต เดจเดเดเตเดเตเดเดฏเดพเดฃเตเดเตเดเดฟเตฝ IT เดจเตเดเตเดเตเดธเต เดตเดฐเตเดฎเต?
Savings account il เดเตเดฏเดพเดทเต เดกเดฟเดชเตเดชเตเดธเดฟเดฑเตเดฑเต เดเดฃเตเดเตเดเตเดเดฟเตฝ เดตเดฐเตเด.Please check this video on the consequences of cash deposits in your savings ...
1
0
39
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .My cousin sister from Gulf has transferred me โน3:00 lakh in last FY by installments for her Mother’s treatment. Will there be any implications/query on this from IT dept?
No chance for a query, since it is through banking channel.Please check this video on the consequences of cash ...
1
0
15
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .เดเตปเตเดฑเต savings เด เดเตเดเตเดฃเตเดเดฟเตฝ เดเดดเดฟเดเตเด เดตเตผเดทเด 5,25,000 เดกเตเดชเตเดชเตเดธเดฟเดฑเตเดฑเต เดตเดจเตเดจเดฟเดเตเดเตเดฃเตเดเต เดเดเตเดเดฟเตฝ เดเดคเตเดเตเดฃเตเดเต เดเดจเตเดคเตเดจเตเดเดฟเดฒเตเด kuzhappamundaavumo?
Below 10 lakhs ayathu kondu sadhyatha illa.Please check this video on the consequences of cash deposits in your savings ...
1
0
19
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .30 lakhs transferred from husband's NRE account to wife's savings account need any tax filing ?
Not required.Please check this video on the consequences of cash deposits in your savings account and the potential threat ...
1
0
46
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .2.5 เดฒเดเตเดทเด เดฐเตเดชเดฏเดฟเตฝ เดคเดพเดดเต เดตเดฐเตเดฎเดพเดจเดฎเตเดณเตเดณเดตเตผเดเตเดเต ITR เดซเดฏเตฝ เดเตเดฏเตเดฏเดพเตป เดเดดเดฟเดฏเตเดฎเต? เดเดเตเดเดจเต เดเตเดฏเตเดฏเตเดจเตเดจเดคเต เดเตเดฃเตเดเต เดญเดพเดตเดฟเดฏเดฟเตฝ เดเดจเตเดคเตเดเตเดเดฟเดฒเตเด เดเตเดฃเดฎเตเดฃเตเดเดพเดเตเดฎเต?
เดเดดเดฟเดฏเตเด. Please see the below video to know the benefits of filing return.
1
0
22
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) .Co operative bank savings account 10 lakhs เดจเต เดฎเตเดฒเต เดชเตเดฏเดพเตฝ เดจเตเดเตเดเตเดธเต เดตเดฐเตเดฎเต ?
Rare chance; since IT dept is not tracking it. Please check this video on the consequences of cash deposits ...
1
0
24
-
Sakala Mission
Government of Karnataka .How to get Entry Tax Exemption Certificate for expansion/modernization/diversification units under operational phase ( SHLCC Approved projects) from Commerce and Industries Department in Karnataka?
Name of the Department COMMERCE AND INDUSTRIES DEPARTMENT Name of the Service Entry Tax Exemption Certificate Name of the Sub Service Entry Tax Exemption ...
1
0
10
-
My pm kisan samman status is showing payment processed in first installment & remaning are blanked as account is inactive due to income tax payee. Since I am submitting my Zero tax return from 2020-2021, whether I am eligible to get benefite of kisan samman nidhi ?
Write Answer
-
I was income tax payee in FY 2019-2020 & after that submitting Zero ITR. Whether I am eligible to get benefited of pm kisan samman Nidhi ?
Write Answer
-
Can you give an example on how it will be covered under Vivad se Vishwas scheme, if there is substantive addition as well as protective addition in the case of the same assessee for a different assessment year?
Write Answer
-
Dipak pawar
Answered on December 04,2020How much time does it take to update mobile number in Aadhaar ?
Dear aspirant, After checking the official site of UIDAI.GOV.IN for your query the maximum days for updation in aadhar card ...
7
2571
51387
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on September 30,2021Can I open a bank account without a PAN Card?
Yes. PAN is not mandatory for opening a bank account.
2
1494
34846
-
Motor Vehicles Department, Kerala
Government of Kerala . Answered on March 06,2021How to change the date of birth in Driving License?
เดฎเดคเดฟเดฏเดพเดฏ เดฐเตเดเดเตพ เดธเดนเดฟเดคเด เดฒเตเดธเตปเดธเดฟเดเต เด เดคเตเดฑเดฟเดฑเตเดฑเดฟ เดฏเต เดธเดฎเตเดชเดฟเดเตเดเตเด
2
955
19300
-
Bayya Tharun
Answered on July 15,2021I have lost my 10th marksheet and birth certificate. How can I apply for the passport?
You can take your Intermediate certificate if your done with your higher studies or else you can take your ...
4
0
15086
-
JOY MRC
Answered on September 19,2021How to convert license number 5/9308/2014 from Kerala to this new format in Digilocker?
Use mparivahan app for RC and License addition which is equivalent to digilocker and also valid for Rto checking. ...
2
676
16151
-
Adityan Rajesh
Answered on January 28,2022How to respond to a show cause notice at an RPO for Passport ?
An applicant has to reply the show cause notice in written or typed format and send it to the ...
5
0
8523
-
Team Digilocker
Ministry of Electronics & IT (MeitY) . Answered on June 01,2020How to upload PUC in Digilocker?
Pollution Under Control certificate is still not available on DigiLocker. However, we are into talks with the department for ...
2
1292
27834
-
Citizen AI Helpdesk
Curated Answers from Government Sources . Answered on October 07,2021I update my address on Aadhar card. How many days it will take?
Aadhaar is generated/updated successfully within 90 days if: 1. Quality of enrolment data meets prescribed standards laid down by UIDAI 2. ...
1
0
1445
-
Team Digilocker
Ministry of Electronics & IT (MeitY) . Answered on July 14,2021How do I enter DL number in Digilocker ? Driving License is from UP and RTO is in Agra.
Kindly check your DL details on https://parivahan.gov.in/rcdlstatus/?pur_cd=101 . The site is provided by Transport department and if it is available there ...
3
0
20355
-
Indian Highways Management Company Limited
Answered on February 09,2021If a fast tag is blacklisted, then how to remove the tag from blacklisted list?
Kindly contact your FASTag issuer bank for whitelisting your tag.
2
1108
24278
Trending Questions
- My pm kisan samman status is showing payment processed in first installment & remaning are blanked as account is inactive due to income tax payee. Since I am submitting my Zero tax return from 2020-2021, whether I am eligible to get benefite of kisan samman nidhi ? Write Answer
- I was income tax payee in FY 2019-2020 & after that submitting Zero ITR. Whether I am eligible to get benefited of pm kisan samman Nidhi ? Write Answer
- Can you give an example on how it will be covered under Vivad se Vishwas scheme, if there is substantive addition as well as protective addition in the case of the same assessee for a different assessment year? Write Answer
Top contributors this week

Kerala Institute of Local Administration - KILA 
Government of Kerala

PGN Property Management 
Real Estate & Documentation Consultant with 21+ years of experience

Sakala Helpline 

The Nilgiris TV
TRUTH - as it is - LIVE

Prof.V Kuttoosa
Best Practices while applying for Government services online
1. Check whether you are eligible to apply for this service.
2. Check the documents required for application before applying.
3. Keep the documents in one folder for ease of access.
4. In case of any doubts, check whether the queries are already answered. You can check the FAQ section of the department website or use platforms like Tesz for this purpose.
5. Once you have applied, note down the application number to track the status.
6. Check the time required for the completion of the service. If the service is not completed within the due time, track the status online or reach out to the department.