Cash deposit in saving account FY 2021-22

Sir,

My annual income is Rs.239600/- from Salary and tuition fees. I have deposit Rs.179800/- In my saving account so can I face any issues from IT department. Kindly guide.
Replies (3)
Quick Summary
A user is concerned about potential issues with the IT department after depositing Rs. 179,800 in cash into their savings account for the financial year 2021-22, given their annual income is Rs. 239,600. The consensus is that this deposit should not cause problems, but it is advisable to avoid large cash transactions where possible. Spreading deposits over a few days is also suggested as a conventional approach.

There won't be any issue.But try to avoid cash transactions
There is no issue but conventionally spread it among few days.
It's better to avoid cash transactions

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