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Limit for cash balance

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A retail medical business gst dealer sales turnover Rs:50 lacs and cash on hand balance Rs:8 lacs at the end of finicial year (31st March,20) show in books and balance sheet finicial year 19-20.
question:
any limit of cash on hand balance at the end of finicial march in I.t. act.
Replies (1)
There is no limit as such but cash in hand amount should be justifiable according to nature of business.


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