Sir, Is there a minimum cash balance to be shown under no accounts case ? My CA who did my taxes last year has mentioned the cash balance of 50k in the ITR. Is there a reason why that would be., or is there a minimum cash balance to show in order to get some tax benefits ? In my case I am showing my speculative income as income from business otherwise no other business as such. Thanks in advance.
Amount of cash balance (item 6d) in no accounts case
Shivaprasad Mallikarjunaiah (1 Points)
28 December 2022