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cash in hand in balance sheet


25 August 2016 How much max amnt of cash in hand should be shown in bal sheet. Also is it permissible to show cash in hand instead of bank bal at max amnt

25 August 2016 Dear Ali,

Till now there is no such rule but in coming years government is planning to make a rule . As per sources proposed rule is to have maximum cash of Rs 200000.

As of now ,U can show cash without any limitation but it would be advised not to have excess cash in the balance sheet

Kindly like if my response has helped you


25 August 2016 Thank you very much Anurag Sir for your immediate response




10 September 2016 Sir could you please comment that is there any Export duty on Agriculture Seeds



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