cash in hand in balance sheet
This query is : Resolved
Ali Ahmed Khan
(Querist)
25 August 2016
How much max amnt of cash in hand should be shown in bal sheet.
Also is it permissible to show cash in hand instead of bank bal at max amnt
ACA Anurag
(Expert)
25 August 2016
Dear Ali,
Till now there is no such rule but in coming years government is planning to make a rule . As per sources proposed rule is to have maximum cash of Rs 200000.
As of now ,U can show cash without any limitation but it would be advised not to have excess cash in the balance sheet
Kindly like if my response has helped you
Till now there is no such rule but in coming years government is planning to make a rule . As per sources proposed rule is to have maximum cash of Rs 200000.
As of now ,U can show cash without any limitation but it would be advised not to have excess cash in the balance sheet
Kindly like if my response has helped you
Message likes :
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Ali Ahmed Khan
(Querist)
25 August 2016
Thank you very much Anurag Sir for your immediate response
Ali Ahmed Khan
(Querist)
10 September 2016
Sir could you please comment that is there any Export duty on Agriculture Seeds
18 July 2024
As of my last update, India does not impose export duty on agricultural seeds. Export duties are typically levied on goods to discourage exports and ensure domestic availability. However, agricultural seeds are usually encouraged for export to promote agriculture and related industries.
It's essential to verify the current regulations as they can change over time due to policy revisions or new government directives. Checking with the latest notifications from the Ministry of Finance or specific agricultural authorities in India would provide the most accurate and updated information regarding export duties on agricultural seeds.
It's essential to verify the current regulations as they can change over time due to policy revisions or new government directives. Checking with the latest notifications from the Ministry of Finance or specific agricultural authorities in India would provide the most accurate and updated information regarding export duties on agricultural seeds.
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