Cash in hand


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Regarding the amount of cash an individual or HUF can hold as of March 31, 2020, there isn't a strict legal limit. However, it's crucial to be able to justify the source of the cash you possess. The authorities may inquire about the origin of significant cash holdings.

25 February 2020 what is the limit an individual or huf can keep in cash during or as on 31.3.2020

swasti (Expert)
25 February 2020 There is no limit as such but must be justifiable.

25 February 2020 no limit per se. But you should be in a position to explain the source.


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