Cash in bank account

maximum cash deposit in bank account in one FY
Replies (7)
Quick Summary
There are generally no limits on how much legitimate cash you can deposit into a UK bank account, provided the funds are from disclosed and earned income. However, banks have reporting obligations to the Income Tax Department for accounts exceeding certain thresholds. These reporting limits are distinct from deposit limits and depend on the nature of the account holder and the source of the funds.

Savings 10 lakhs, current no limits
Is it for Tds purposes or Only deposit limit ?
Only deposit limit not for TDS
Savings account?
In one financial year in bank account.
You can deposit how much ever you want if it's legitimate and earned or saved from legitimate disclosed income. The other limits are the reporting limits which when crossed , the bank will report that account number and PAN to the Income Tax Department
It depends on the nature of assesse and nature of source of income.

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