https://www.taxtmi.com/article/detailed?id=7072 The legal tender character of specified old high-denomination bank notes has been withdrawn and must be exchanged at Reserve Bank issue offices, commercial bank branches, cooperative banks, and post offices. Cash disbursement is subject to a per-person cap with excess amounts credited to a bank account; electronic payment and deposit channels are available. Valid identity proof and, where applicable, bank account details are required; third-party or authorized representatives may act with written mandate. The scheme runs until a stated closing date with a subsequent limited redemption facility at specified Reserve Bank offices and limited short-term emergency exceptions. en-us Thu, 10 Nov 2016 11:33:00 +0530 Thu, 10 Nov 2016 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7072 The legal tender character of specified old high-denomination bank notes has been withdrawn and must be exchanged at Reserve Bank issue offices, commercial bank branches, cooperative banks, and post offices. Cash disbursement is subject to a per-person cap with excess amounts credited to a bank account; electronic payment and deposit channels are available. Valid identity proof and, where applicable, bank account details are required; third-party or authorized representatives may act with written mandate. The scheme runs until a stated closing date with a subsequent limited redemption facility at specified Reserve Bank offices and limited short-term emergency exceptions. Articles Income Tax Thu, 10 Nov 2016 11:33:00 +0530 https://www.taxtmi.com/article/detailed?id=7072