PAN Card Compulsory for Deposits Exceeding Rs 50000 in Rs 2000 Notes

Last updated: 25 May 2023

RBI has withdrawn Rs 2000 notes from circulation.Individuals holding Rs 2000 notes can now either exchange them for other denomination notes from a bank or deposit the same into their bank accounts. However, if you deposit more than Rs 50,000 in a single transaction, then you have to mandatorily quo

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Category Income Tax   Report

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