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Demonetization

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(Querist)
04 December 2016 Whether cheque deposited in OWN SAVING BANK ACCOUNT,after crossing limit of RS.250000 will invoke INCOME TAX DEPARTMENT ENQUIRY by way of notice leading 200% penalty.
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Unnikrishnan B

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Unnikrishnan B (Expert)
04 December 2016 No .only cash deposit is considered

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