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Cash balance reg

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2011 can i show Rs. 19.00Lakh cash balance in bs
in pvt ltd company A/c
any queries raise against cash
IT Dept ask any query?
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CA.E.Deepan Chakravarthy

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CA.E.Deepan Chakravarthy (Expert)
08 September 2011 Only if it is taken for scrutiny, IT dept will ask the reason for keeping so much of money as liquid cash. If you have valid reason, no problem.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
15 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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