Schedule al - cash in hand

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2016 Respected Sir,
I have following questions / clarifications related to Schedule AL - Cash in Hand, Please clarify.
- Does Cash in Hand includes Balance in Savings account
- Does Cash in Hand includes fixed deposists
- Does cash in Hand includes Mutual funds and Stocks

In summary, let me know what all I need to include to compute cash in Hand. Appreciate your answer

Thanks and Regards,
Divakar

Amol S Joglekar

Amol S Joglekar (Expert)
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04 July 2016 No...in all the three cases you cited
Cash in hand includes the cash which is with you as on the date of balance sheet.

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2016 Thanks for your timely response.

Amol S Joglekar

Amol S Joglekar (Expert)
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26 September 2016 you are most welcome.

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