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Q.

In AIR Code 001,I understand that Only Cash Deposits in excess of 10L need
to be disclosed.In other words the normal credit entries in the Bank Statements ie ECS,CHeques,Redemption Proceeds of Mutual Funds etc need not be disclosed.What exactly do the AIR disclosures of Banks contain.
Otherwise there is the ridiculous situation of having to disclose the entire bank

statement for the FY '06-'07.

Regards,
S.Ratnam

Tags: words, regards, cheques
Asked by S Ratnam, 31 May '07 07:59 pm
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Answers (2)

1.

As per the amendments
Answered by Anand Agarwal, 01 Dec '09 11:38 pm

 
  
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2.

I also think so that only Cash deposits are to be disclosed.
Answered by Manisha, 31 May '07 08:15 pm

 
  
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