Cash depsoit

Depositing cash into a savings account, even a significant amount like Rs. 1.5 lakh, generally doesn't require a separate declaration in your Income Tax Return (ITR). The focus for taxation is typically on the interest earned from the account, which may be eligible for deductions under sections 80TTA or 80TTB. If you need to explain the source of the funds, consider options like maturity from a policy, an investment, or the purchase of bullions.