Criteria for cash deposit in current account for air report
This query is : Resolved
Suresh S. Tejwani
(Querist)
17 January 2016
Respected All,
I want to know the criteria for cash deposit in Current Account from the view point AIR Report. What is the maximum limit of cash deposit in Current Account and what points should considered while depositing the cash in to the Current Account from the AIR Report perspective.
I want to know the criteria for cash deposit in Current Account from the view point AIR Report. What is the maximum limit of cash deposit in Current Account and what points should considered while depositing the cash in to the Current Account from the AIR Report perspective.
CA. Divyansh Agarwal
(Expert)
18 January 2016
Cash deposit in current account is not a reportable transaction in AIR only cash deposit above rs 10 lacs in saving ac is reportable
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