I am operating saving account in UTI Bank, it is priority account which i need to maintain with 1 lac rs. which is not a problem as i make transactions and i maintain it but the problem is that one of my frnd told me that if you have priority account in any bank then you can be in trouble as IT people keep watch to this kind of accounts most of the time, i do pay tax so i am not afraid of anything like that but just want to know that is it the real fact?

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As long as everything you are doing is legal in your country and your keeping up with your taxes you do not need to worry.

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i don't think the IT department has time to track 1lakh, their major work is to find people making 1lakh+ per day and track them , as formpay said as long as you will make sure things are legal no worries in any way.

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Trade Mumbai
Buy & Sell property in mumbai

Sorry I do not have idea but I would ask to someone.


Thank you,
Regards,
Pakistan Boy
pakistangiftsemporium.com | 1pakistangifts.com

As all are said if your money is white then you no need to worry. Here are
lots of people also have same condition as you.

Jennifer Maben

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To add, I think that you have nothing to worry. If that you're following the law. Relax, you shouldn't worry to much... As the others say, just do everything legally and everything would be fine. I wish all of you great business.

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Christian Dinopol
learning Import/Export
http://www.import-mentor.co.uk/