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Cash deposits in to bank vs maximum limit

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Sir, for depositing cash in to the bank, any maximum limit on per day basis and per annum basis as it was there in the case of cash withdrawals u/s.194N, under Income Tax Act.
Replies (3)
Sec194 N is for WITHDRAWAL .

Sec 269 S IS FOR DEPOSITION.
For, Cash Deposit there is no such limit.
but 1. Cash deposits more than 10 lakhs (other than a current account and time deposit) and
2.Cash deposits or cash withdrawals more than 50 lakh from current account of a person is reported to Goverment by bank.
There is no limit for cash withdrawals and cash deposits in a bank account . but tds provision and reporting are applicable


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