In private Ltd what is the limit of cash deposit in bank per day. we did not sale in cash but we rec'd cash from theft recovery
(rs 23 lakes) by court
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cash deposit limit
Replies (2)
You can deposit any amount of cash if you are holding a valid PAN number. But to be on safe side try to deposit less than 2 lacs in a day. Though doesn't happen if you'll depost more than 2 lacs. Just make sure never deposit more than 50 lacs at once in a current a/c, Specially if it's newly open. Banks usually receive query from IT dept for newly opened account if there is such activity.
IT guys will keep an eye on you when you deposit more than 50 lacs in cash in current account.
IT guys will keep an eye on you when you deposit more than 50 lacs in cash in current account.
Thank you sir
we have current a/c and vallid pan card past 20 years
we have current a/c and vallid pan card past 20 years
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