Sir,
Is there penalty for depositing 200000/- or more in current account.
Menu
Cash transaction after 1 april 2017
Replies (6)
No, but query about the cash amount if received from single person may arise!
Source of the cash is the cash invoice and payment received in cash of credit invoice
no transaction above 200,000 in cash is possible even bill is raised
Recent Threads
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
Related Threads
CAclubindia
