07 December 2015
There is not limit of depositing cash. But if you deposit cash more than Rs. 10 Lakhs in one financial year then bank will report it under AIR (Section 285BA).
It would advisable not to deposit this much cash in one financial year.
07 December 2015
Dear sir if the asseessee with draw amount from NHAI BOND AFTER 3YEARS WHETHER IT IS TAX FREE INCOME AND HE CAN USE THISE AMOUNT IN THE BUSINESS OR NOT
CAclubindia
