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Tag: Bank cash withdrawal

Bank cash deposit limit in savings accounts
Posted inINCOME TAX

Rules for large Cash deposits in Savings Bank Accounts

by TaxConcept December 22, 2023December 22, 2023
Under the rules of Income Tax, cash transaction of more than 2 lakhs is not allowed in any case. In which if the rules are ignored, then the notice of the tax department can come.
Posted inINCOME TAX

Cash Transactions: Here Are The Limits And Penalties Under The Income Tax New Rules

by TaxConcept May 4, 2023May 4, 2023

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