Hi, I am trying to understand meaning of cash in hand as shown in Balance sheet of a small company. It says Cash at bank Rs. 4 crores and Cash in hand Rs. 3 crores as at 31st March. Is it possible to have so much cash on hand for a company? Can a co. Keep this much cash on any date?
Appreciate your professional views.
Thx

Dear Sir's, we have deducted TDS on include of service Tax. from starting Apr-16 to till date of all bills(which applicable bills) today we came to know before service tax should be deducted. We have deducted and paid to govt, also In E-returns showned even though issued form 16 for Q1 and Q2 to all vendors , in Audit they found us what to do know Need help on this.....

We are under renovation. Hence we are making pmt to a interior 1.5 cr, what should be the entry for that (5* hotel)

Dear Sir / Maam,

A car having WDV of Rs. 28 lac on 31.03.2016 was sold at Rs. 23 lacs on 31.12.2016......Please guide me the treatment of this transaction in Profit and Loss Account and Balancesheet.

Regards
Rupinder

what is the objective of introduction of As- 28 when AS-10 already provides for downward revaluation of an asset...

Sir My client is having loan outstanding on 31.03.2016 of worth Rs. 150 Cr.Now bank offers him to settle the account by paying 50 Cr. with in coming two years.How to account for the above transaction

Hello, Can anyone guide me which faculty I should buy for Financial Reporting???

What is the difference between Purchase Order raised for Material purchase and Asset purchase?

Whether Purchase Order required to issue for the purchase of Fixed Assets.? if yes what is the difference between PO raised for Material purchase and Asset purchase?

Hello sir,

please tell me about ESI laiblility is deductable from job work contractor with TDS.