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Cash balance period

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(Querist)
26 January 2013 How many days an assesse can have cash balance in hand without depositing in bank
under income Tax Act 1961
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HUZAIFA HUSSAIN

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HUZAIFA HUSSAIN (Expert)
26 January 2013 THERE IS NO SUCH TIME LIMIT IN INCOME TAX ACT, AS LONG AS YOU CAN PROVE THE SOURCES OF INCOME.


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CA Prashant Gupta

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CA Prashant Gupta (Expert)
27 January 2013 no such time is prescribed. you can keep cash till you want.
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