Cash deposit In Bank

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Sandeep Jain (Querist)
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25 May 2020 dear sir

In a year how much cash we have deposit in Saving account ?

My annual income is less then 250000/- i got the salary Cash mode

Please advise

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 May 2020 You can deposit cash in SB account to the extent of salary received.

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CA Ankur Tripathi

CA Ankur Tripathi (Expert)
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29 May 2020 you can deposit any amount of cash if you have a valid source of income and also within the conditions of Rs 2 Lacs. But bank report in its AIR if more than 10 lacs of cash is deposited in an a/c.

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