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Cash Deposit Limit

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402 Points Joined February 2019
what cash can be deposited in SB account in an year if personal income source is cash what is Day deposit limit and part based deposit limit of a year at safer side. (Income is 3 to 4 years) and cash in hand is 3Lakh.
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On 20 October 2020 at 16:18 Report
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Accountant
3662 Points Joined May 2018
No cash limit

Please maintain proper records of cash receipts

If someone deposit Rs. 10 Lac in Savings account in a Financial year, Bank report to ITD
1 Reply
On 20 October 2020 at 23:45
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Tax consultant
5895 Points Joined September 2020
What you doing
source of income
business or other
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On 21 October 2020 at 00:30
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12244 Points Joined May 2017
Whole year - 1000000
per day - 200000
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On 21 October 2020 at 04:03
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402 Points Joined February 2019
Salary and part time work from home income.
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On 21 October 2020 at 20:25

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