Cash deposits transactions in sb and current account

There can be many scenarios that call for scrutiny. Some of the scenarios are mentioned below:

a. Cash deposited from earlier income or savings

Individuals who deposit cash above Rs.2.5 lakh and senior citizens who deposit cash above Rs.5 lakh may be scrutinised. Any amount within the specified limit will be excluded from scrutiny considering that the money is from household savings, cash withdrawals, earlier income, and so on.

You can withdraw maximum 1 crores rupees in a financial year otherwise in excess of such amount tds u/s 194N will be imposed @ 2% on such withdrawal

Yearly reportable limt

Savings account - 10 lakhs

Current Account - 50 lakhs


Cash Withdrawl Limit ,

1 Cr in the case for - file last 3 years return on the due date , 2% TDS applicable

20 Lakhs - non filing on the due date - 2% TDS

What about daily cash deposit limit in current account?