Cash limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2018
Bank sb and current account cash deposit limit for one finicial year.
Nikhil Kaushik
(Expert)
04 August 2018
there is no limit. you can deposit as much as you want to as long as you are later able to justify it to income-tax department. Please note that the banks are required to report deposits above a certain limit to Income-tax department.
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