Maintenance of Cash in Hand
This query is : Resolved
Aditya Ghatge
(Querist)
14 November 2022
Dear Sir,
Kindly let me know whether how much amount of Cash in Hand is required to be maintained at the end of year i.e. on 31 March every year.
Warm Regards,
Kindly let me know whether how much amount of Cash in Hand is required to be maintained at the end of year i.e. on 31 March every year.
Warm Regards,
CA R SEETHARAMAN
(Expert)
14 November 2022
There is no limit for cash holding, but for security and interest reason reasonable amount required for expenses can be held.
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