Hi. !!
is there any maximum limit of cash in hand which we can show in ITR-4 (for the FY 17-18). ??
3 Replies
Sumit Kr. Lohani
(Industrial Trainee)
(55 Points)
Replied 04 July 2018
thanks !
an assessee is having Rs. 2500000/- on 31st March entire cash have been deposited in bank in the month of April. will disclosure of such high cash in ITR 4 (as clint is not maintaing regular books) attract any issue ?
an assessee is having Rs. 2500000/- on 31st March entire cash have been deposited in bank in the month of April. will disclosure of such high cash in ITR 4 (as clint is not maintaing regular books) attract any issue ?
Jatin
(Accountant)
(3479 Points)
Replied 04 July 2018
You must maintain / keep proper records for source of cash
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