• Answer of this question

    Threshold limit of transaction in current bank account.
    Davneet Singh's image
    Davneet Singh

    In Current Account,there is no legal limit of max transactions

    However,Bank may impose certain limits depending upon their bank policy and type of account handled

     

    Pls note,that if amount is received in current account,it is normally considered as sales or income for Income tax calculation


    Written on April 17, 2017, 3:48 p.m.