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Cash deposit limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2017 Hello sir,
I want to ask that my father sold some part of property and received cash as advance he has given me to deposit this cash in my saving account. i would like to ask that if
i deposit this amount in my bank account then will i get any income tax notice from IT Dept. to clarify the this amount.

Please reply ASAP
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CA AJAY KUMAR AGRAWAL

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CA AJAY KUMAR AGRAWAL (Expert)
09 October 2017 As per rule you can not take Cash more than RS 10000/-
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