Cash deposit

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alpesh (Querist)
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23 November 2016 dear sir i has file return last year for AY-2015-2016 is closing capital(total white) 1200000 and cash balance 400000 whether i can deposite cash 1200000 or 400000 give me repaly.i

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 November 2016 You can deposit only 4 lacs being the cash disclosed in the return.

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Amol S Joglekar

Amol S Joglekar (Expert)
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23 November 2016 what was your cash in hand as on the midnight of 08/11/2016 ?

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alpesh

alpesh (Querist)
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23 November 2016 dear sir whether i can deposite 400000 as per return and 250000 whether this is correct
total deposite 6500000

Amol S Joglekar

Amol S Joglekar (Expert)
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24 November 2016 you are saying that the cash balance as on 31/03/2016 was 400,000 and capital balance as on that date was 12,00,000.
To the best of my knowledge and belief, the cash balance does NOT remain STAGANT. It gets changed on day on day basis.
The cash in hand in terms of OHD as on 08/11/2016 can be deposited

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