I believe this question is only for Indians, but others may help too.
With reference to this link, I found a point about high valued transactions as follows
If cash aggregating to Rs 10 Lakh p.a. is deposited in your Bank Savings Account.
In another question, if the interest acquired by a person in a fiscal year is more than Rs 10,000 /-, then he has to pay tax (if I understood it right from that post).
Now my doubt is, is the tax applied on these high valued deposits, even if they're for a very period of time? e.g. if I deposit Rs 10 Lakhs today and if I withdraw it back after two days, should I worry? Or should I worry only if the amount stays in the account for one complete fiscal year ?
Thank you very much.