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Is there any chance of enquiry from IT Department if housewife deposit Rs 2 lakh in her Jan Dhan account or dormant account with no income?
What kind of documentation should one keep in case of such a deposit?
It is always recommended to keep records of the source of funds, such as a gift or an inheritance, as well as any relevant documentation to support the transaction. This could include a promissory note or a letter explaining the source of funds.