a private ltd company showing cash balance around 600000/-
what is the way to make this balance as debite to take loan in cash or incrise the sale in cash
but if i incrise the cash sales then vat and service tax get distrurb
so what is the way to make this cash balance as possite
You can take loan in cash from the directors of the Pvt. Ltd. Co. But the loan amount should be below Rs. 20000. Also take a Loan confirmation letter from the Director while taking the Loan.
Regards,
Devendra Kulkarni
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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