Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

Cash on hand limit

This query is : Resolved

Share Report Follow Query Ask a Query

aapatel (Querist)
Follow

26 December 2016 Hello sir/madam

at the time of Proprietorship Account up to which limit can i show cash on hand?

is there any problem if cash on hand up to Rs. 50000

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 December 2016 No problem you can have cash up to the amount or more. But always keep the cash in the bank acs which is safe.

Message likes : 1 times

aapatel (Querist)
Follow

26 December 2016 thank you sir, more than 50000 will cover in wealth tax criteria is it right?

aapatel (Querist)
Follow

26 December 2016 thank you sir, more than 50000 will cover in wealth tax criteria is it right?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 December 2016 Wealth tax is abolished not applicable now.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

CCI Pro

CAclubindia's WhatsApp Groups Link

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Akshay Jain

Akshay Jain

Pro Member chandradhass sathish

chandradhass sathish

Pro Member Gurunathan kannan

Gurunathan kannan

Pro Member Rakesh Bansal

Rakesh Bansal

Pro Member yadagiri

yadagiri

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured ARTICLESHIP 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details