during demonstration i have deposited rs 1.30 lakh only proprietary business account and rs 1 lakh in my savings account . is it necessary to show in it returns
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Cash deposit
Replies (5)
in cash of more than 2L it is necessary to do so.
Yes. If total cash deposited in all accounts exceeds Rs.200000/- then you are required to give details in returns.
my view is above 2.5 lakh because you will fill return then you see there a option of deposit details
No it is written in Return that cash deposited Rs 2 lakh or in excess of that not 2.5 Lakh.
chhatra singh
Please send your email id I am send a pic of return
Please send your email id I am send a pic of return
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