Cash deposited in savings account more than 10 lakhs

A client, a police officer, deposited Rs. 11 lakhs in cash into their savings account, claiming it was from relatives' loans for house construction. While Section 269SS suggests a 100% penalty for cash transactions exceeding Rs. 20,000, this discussion clarifies that such deposits into a bank account are generally considered banking transactions and may not attract the penalty. Further guidance is sought on safeguarding the client.