More than Rs 10 lacs
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 September 2010
Is there any limit on deposit of more than 10 lacs by cheque in the bank, otherwise it will be subject to any deduction u/s IT act?
Hemu Kapoor
(Expert)
27 September 2010
There is no such limit under the IT ACT.
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