Cash limit in current account
ghanshyam lohar (30 Points)
27 August 2018
Kindly confirm the cash withdrawal and deposit limit in CC and OD BANK ACCOUNT for whole year?
ghanshyam lohar (30 Points)
27 August 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168037 Points)
Replied 28 August 2018
As such no limit, unless banks have own restrictions on different types of such accounts; but if aggregate transaction exceed 50 lakhs, bank has to report it under section 285BA(1) of the Act
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
