Cash Deposit limit for Individuals

Depositing over Rs 10 lakh in a savings account within a financial year, or over Rs 50,000 in a single transaction, will be reported to the Income Tax Department via Annual Information Return (AIR). While there's no strict per-transaction limit if your PAN is already provided, exceeding the Rs 10 lakh annual threshold for savings accounts or Rs 50 lakh for current accounts could lead to an IT notice.