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Cash on hand

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 March 2014 respected sir,

i have declared cash on hand in form 4s amounting to rs 3,40,000 for ay 2013-14.now i doubt that cash on hand more than 50,000 may attract notice under wealth tax .please clarify .thanks in advance
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CA Surendra Bhatt (ACA,DISA)

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CA Surendra Bhatt (ACA,DISA) (Expert)
21 March 2014 Remove that doubt from your mind. It is not so.

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