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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2013 payment by a banker to a customer more than 50000 under what act?

22 August 2013 Pls specify the doubt clearly?

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2013 Sir, Payment by a Banker for customer exceeding 50,000 is under which act? (Whether Income tax Act, AML, Banking regulation Act)

23 August 2013 no restrictions on cash payment by banker in your case
.
.
they will make payments to customer as per bankregulation act

23 August 2013 iT is as per banking regulations act.


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