Hii
How much Foreign Money a pvt ltd company can keep in petty cash?? and for how many days??
is there any limit for foreign money and time(in terms of days or months)
it would be great if anyone could send me the circular or something so that i can show tyo my Boss..
Waiting for answer???
Thanks
You can also reach me on my mail id duttesh @ gmail.com
thnaks Rahul.. Can i get ur mail id ????
Dear Dattatray,
While doing an audit of a Private Limited Company, i came to know that the holding of Foreign Co. was 99.9%, but talking about the cash the can hold i want to share with you that the more amount of cash you keep the more extensive procedures are taken care of by auditors.
Dear Member,
Very Nice Answer
Rama Rao
CAclubindia
