Q. Can I Deposit Cash in Installments in my Bank Account?

Yes, you can deposits cash in Instalments in your bank account if you are having an accounted money and the source of which is provable in front of the IT officer if asked. It may be advisable if the amount is upto Rs. 2.5 Lakhs try to deposit the same in one shot and if the amount is in higher number, you can choose to deposit in instalments, no notification has been issued by the department related to one shot or part deposit of cash in Bank Accounts.

You can deposit the cash in your Bank account b/w 9th November to 30th December 2016.