The procedure for depositing cheque of one hundred rupees and lakhs of rupees in your own bank account, is same,
What are the things required to deposit the cheque in my account?
1. The cheque should be written in your favour i.e in the place 'Pay to.." your name should be written.
2. You have to fil up a chalan or pay-in-slip or deposit slip of the bank for the purpose. In that pay-in-slip you have to write correctly your name and account number, the branch name, the type of account, amount in words and figures. The details of the cheque can be written in the space provided for that. Then you have to sign at the place for 'depositor' and give your contact number there.
3. As per the facilities provided by the bank, you may give the cheque at the specific counter provided for depositing the cheques or put it in the box provided for that. If you give it at the counter, get the counterfoil signed and stamped by the official who takes the cheque. In some banks it may be only stamped with date.
4. If the cheque is from an account in the same bank branch, then the cheque deposit may be done as 'transfer' and to be given at the dedicated counter for internal transfers. If the cheque is of another bank in the same place it is 'clearing'. There will be tick boxes for the relevant category, which you may tick .
Is PAN card required for the same?
As your account would have been KYC compliant, PAN card is not required while depositing a cheque in your account.
Is there any tax levied for the same?
Tax is not calculated on individual cheques, but on the total turnover or income. At that time the transactions in bank accounts are also scrutinised and verified for finalisation of turnover or income correctly. The relevant rules and guidelines applicable to the category o the person or business is applied.
Now let me point out certain general matters in this regard.
Routing transactions through accounts is more welcome instead of doing cash transactions. It is beneficial for the account holder as there are records with the person and the bank and can be referred for any future need. The same can be used to prove the genuineness of our business and transactions.
In case, your account normally does not have transactions of such amounts, and that amount is disproportionately higher than the usual transaction you do, then the bank may get some alert from the inbuilt system , and then they may as for some details. That you have to answer.