Cash deposite in bank
This query is : Resolved
22 January 2015
hi.....i want to deposite 1lac cash into my bank account...shall i deposite 49000/- and ..49000/- on next day.. plz suggest me...thanks in advance
Amol S Joglekar
(Expert)
22 January 2015
if you have PAN, you can deposit any amount... What is the problem?
Rupesh Jain
(Expert)
22 January 2015
you can deposit the cash but if you deposit the rs. 10 lacs in year in one saving a/c then you may receive the notice from the income tax deptt.
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