how much cash in hand should be shown in ITR"s Part A-BS as a tax planning ?
Menu
Maximum cash balance in b/s
Replies (2)
As weath Tax were exit Maximum cash balanace should not be more than 50000 except you have clear explanation...in my opinion keep ur cash balanace not more than 50000.
it depends on you... to keep cash in hand or to invest it and earn something from it...
and whatever the amount u have, u need to have proper supportings for it
Recent Topic
- Form 10E doubt
- LTCG on property sale after 24jul2024
- Should we mention NET INCOME or GROSS INCOME in i
- CRYPTO - SETOFF
- WBAAR: No Reclaim of Reversed ITC under Section 16
- Why Do Companies Prefer SME IPO Even When They Qua
- LTCG Tax Liability even after 100% LTCG set off wi
- ITR RETURNS
- Gold Mining
- Sale of share
Related Topics
CAclubindia
