Cash deposit limit in savings account (without pan )


This query is : Resolved 

(Querist)
15 September 2014 what is cash limit for deposit in bank in savings account.
if account holder does not have pan

15 September 2014 there is no cash limit as such but u can get a max deduction of int on savings account u/s 80TTA

15 September 2014 As per the existing norms, any deposits of more than Rs. 50000/- in cash in savings bank account will require quoting of PAN.

bishal (Querist)
15 September 2014 how much interest on Fixed deposit is applicable for tds ?

15 September 2014 if fd is with bank then upto 10,000 int no tds

for others the limit is 5,000

bishal (Querist)
15 September 2014 if i will do fd for Rs 80000 in same name in five diffrent bank a/c. is this is eligible for tds

15 September 2014 the rule remains same the threshold limit should not be crossed.


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