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CASH TRANSACTIONS TREATMENT

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(Querist)
26 May 2023 1. HOW MUCH LIMIT OF CASH RECEIVED ON NATURE OF LOAN REPAYMENT, DEPOSITS FOR A CO-OP. SOCIETY IN A DAY AND ALSO IN A YEAR BY A SINGLE PERSON OF SINGLE TRANSACTION.

2. HOW MUCH LIMIT OF CASH WITHDRAWN FROM BANK IN A DAY AND ALSO IN A YEAR
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 May 2023 1 Rs 20,000 is the limit for loan repayment. For deposit no limit with PAN card

2 No limit TCS applicable in case of withdrawal more than 1 crore.

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