Easy Office
LCI Learning

Cash deposit limit in savings account (without pan )

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 September 2014 what is cash limit for deposit in bank in savings account.
if account holder does not have pan
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
15 September 2014 there is no cash limit as such but u can get a max deduction of int on savings account u/s 80TTA
Profile Image

CS Advocate Abhishek Goyal

Profile Image

CS Advocate Abhishek Goyal (Expert)
15 September 2014 As per the existing norms, any deposits of more than Rs. 50000/- in cash in savings bank account will require quoting of PAN.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

bishal

Profile Image

bishal (Querist)
15 September 2014 how much interest on Fixed deposit is applicable for tds ?
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
15 September 2014 if fd is with bank then upto 10,000 int no tds

for others the limit is 5,000
Profile Image

bishal

Profile Image

bishal (Querist)
15 September 2014 if i will do fd for Rs 80000 in same name in five diffrent bank a/c. is this is eligible for tds
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
15 September 2014 the rule remains same the threshold limit should not be crossed.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links