Cash Deposited at Bank

1. Yes, you can deposit provided you have valid documentary evidence for such a cash deposit. 
2. Income tax could ask for the source of such cash receipt. 
Please correct me if the above solution has an alternative view. 

1. Yes, you can deposit provided you have valid documentary evidence for such a cash deposit. 
2. Income tax could ask for the source of such a cash receipt. 
Please correct me if the above solution has an alternative view. 

1. Sec 269ST is applicable only in case of receipt of cash exceeding Rs. 2 lakhs in a day from a single person relating to a single transaction. 
2. In this case, he is only depositing the cash into the bank. This will not be covered u/s 269ST as I have mentioned earlier only the source of income needed to be explained to the bank and IT (If demanded)
Please correct me if the above solution has an alternative view.