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Cash deposit in Saving account/salary account.

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(Querist)
17 December 2022 Dear Expert,

Can anyone confirm that how much cash deposit savings account and salary account in a financial year? As per income tax point of view.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
17 December 2022 Depends upon cash receipts, which you can authentically declare under ITR.
Generally, cash deposited Rs. 50K or more per day & Rs. 10 Lakhs or more per annum is reported by Bank to ITD.
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