Much cash balance in balance sheet

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2015 Dear Members,

I would like to know that "What are the effects when there is huge cash balance in Balance Sheet.

Please clarify ..

Regards.

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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04 May 2015 there are no ill effects.. depending on the size and requirement of companies, cash balance is allowed... only u had to show that it all comes from a legal source... nothing else...

but yes reasons should b there to prove the genuine nature of transactions for having huge cash

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