Tax on deposited amount in bank

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I have a shop of building materials articles. after demonetized of notes . I have deposited my cash in bank as per my account book record but some debtors directly deposited cash in form of old notes in my account. deposit has Cross limit of current account.
plz tell me what should I do? plz help me
thanks in adavance

Replies (3)

During this period any unathorized cash credits to third party's account has been stopped!!!

Direct deposit by debtors would mean realisation of sundry debts standing in the books of accounts. There is nothing to worry as far as you have lent them and it is receivable as per the books before the date of demonetisation. 

I have deposited Rs. 100000 in my savings account post demonetisation in old currency. I was working with JUD Cements Ltd from Oct 2009 to April 2013 and again I joined JUD Cements Ltd in July 2015 and worked there till May 2016 there I was getting salary in cash only once in 2016 Rs. 20000 was transferred in my account by bank transfer that company has not issued to me my form 16 for the F.Y 2012-13 and F.Y. 2015-16 that is why I had not filed my ITR for these two years during May 2013 to Jun 2015 I was giving tuitions and getting my fees in cash only and for some time I was also doing my own practice in Patna in practice also I have received fees in cash only
I have filed all the ITR since 2009-10 onwards except for the F.Y 2012-13 and 2015-16 reason being my employer has not issued my form 16 to me


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