Housewife cash deposits up to Rs. 2.50 lakhs and senior citizens up to Rs. 5 lakhs exempt from scrutiny u/s 69A. https://www.taxtmi.com/highlights?id=62256 Addition u/s 69A - large cash deposit on the bank account during the year - if a house wife deposited up to ₹ 2.50 lacs in her bank account (and in case of senior citizens aged above 70 years the upper limit of ₹ 5 lacs) during demonetization period then the same should not be scrutinized and has to be accepted. - AT en-us Thu, 03 Mar 2022 11:18:00 +0530 Thu, 03 Mar 2022 11:18:00 +0530 TaxTMI RSS Generator Housewife cash deposits up to Rs. 2.50 lakhs and senior citizens up to Rs. 5 lakhs exempt from scrutiny u/s 69A. https://www.taxtmi.com/highlights?id=62256 Addition u/s 69A - large cash deposit on the bank account during the year - if a house wife deposited up to ₹ 2.50 lacs in her bank account (and in case of senior citizens aged above 70 years the upper limit of ₹ 5 lacs) during demonetization period then the same should not be scrutinized and has to be accepted. - AT Highlights Income Tax Thu, 03 Mar 2022 11:18:00 +0530 https://www.taxtmi.com/highlights?id=62256