Schedule al - cash in hand

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Querist : Anonymous

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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

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.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 September 2016 Thanks for your timely response.

26 September 2016 you are most welcome.


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