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Cash deposit

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(Querist)
25 February 2012 In my one of Private Limited Co, we are having a Sufficient cash balance in books, accordingly I want to deposit Cash of 10 lacs in bank. Whether I Can deposit the same. Confirm
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 February 2012 yes. it can be deposited back. since you are depositing the cash which you are showing cash balance in book only.
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senaiar lakshmanakumar subbiah

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senaiar lakshmanakumar subbiah (Querist)
25 February 2012 Thks sir. Further I want to know whether any limit is there for cash deposit in a day or month.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 February 2012 that based on your bankers
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senaiar lakshmanakumar subbiah

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senaiar lakshmanakumar subbiah (Querist)
25 February 2012 thank you sir
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