for own account transfers there is no tax implications as far as i know. But i am no CA or tax expertWill there be any issues with regard to Income Tax or any other concerns if we provide a cheque of 5 lakh or 10 lakh to the bank for opening an ICICI Wealth Management account?
There are ppl on the community who have opened icici wm account with 1-3L. Plz search on the community.Will there be any issues with regard to Income Tax or any other concerns if we provide a cheque of 5 lakh or 10 lakh to the bank for opening an ICICI Wealth Management account?