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It act

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 March 2016 In balance Sheet How much Cash in Hand to be held in a professional income,Is there any rule as per IT Act.Kindly Resolve.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
13 March 2016 No such limit if you have proper source/justification of such Cash in Hand.
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