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Excess cash in hand in itr 4s

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 November 2013 I have to file my IT Return in ITR 4S for AY 2013-14 u/s.44AD. My Balance sheet shows a excess cash in hand Rs. 17.00 lac.Of course, there is also unsecured loans payable of Rs.9.00 lac. But in ITR 4S, unsecured loans cannot be shown. Hence, I want to know if there is any problem in showing this excess cash in hand ?

17 November 2013 You have to show the actual cash balance as on 31st March. There is no problem in showing excess cash balance.



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