Cash transaction after 1 april 2017



Sir, 

Is there penalty for depositing 200000/- or more in current account.

 
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KVO Merau Kutchh

No, but query about the cash amount if received from single person may arise!

 
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(Guest)

but explain the source of it 

and if possible reaise invioce against this cash deposit 

 
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Source of the cash is the cash invoice and payment received in cash of credit invoice
 
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(Guest)

then y to worry 

 
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no transaction above 200,000 in cash is possible even bill is raised
 
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