Cash deposit exceed 50000
This query is : Resolved
23 November 2016
Dear sir/madam,
please tell me whether we can deposit above 50000 in cash with pan in one day in bank a/c during the period of 9 nov 2016 to 31 dec 2016 when the total deposited amt is not exceeded 250000 .
please tell me whether we can deposit above 50000 in cash with pan in one day in bank a/c during the period of 9 nov 2016 to 31 dec 2016 when the total deposited amt is not exceeded 250000 .
23 November 2016
Yes you can do it no problem.
23 November 2016
Why not? You can do that.
The circular says.......50000 or more in single deposit or aggregating 250000.....between the period of 09/11/2016 to 30/12/2016
The circular says.......50000 or more in single deposit or aggregating 250000.....between the period of 09/11/2016 to 30/12/2016
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