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incometax

This query is : Resolved 
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(Querist)
10 June 2016 cashlimittrasitionin me tax rule
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Rupesh Jain

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Rupesh Jain (Expert)
10 June 2016 at present you cannot make expenses exceeds Rs. 20000/- to a person in a day. otherwise exp. will disallowed.
if you deposit or withdraw the cash in SB a/c over Rs. 10 Lacs in a year then bank will sent the detail to the income tax department.
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