Cash transaction limit

we have business and client deposited 1,05,000/- as advance in our bank account how it will effect
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Quick Summary
This discussion clarifies the Income Tax Act's cash transaction limit, stating that payments exceeding £10,000 in cash are generally not allowed, with exceptions under Rule 6DD. It explains that a client depositing £1,05,000 directly into your bank account is treated as a bank receipt, not a cash transaction. The query then explores whether accepting an additional £1,00,000 cash from the same client, bringing the total to £2,05,000, is permissible under these rules.

As per Income tax act you cannot pay more than 10000 as a cash to anyone, subject to rule 6dd. in case client has deposited rupees 105000 directly in your bank account it will be treated as receipt in bank account.
Now can we accept 1,00,000 from same client as it is total amount 2,05,000

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