Kollipara Sundaraiah (B.com) (2963 Points)
05 October 2021How much cash amount CASH ON HAND BALANCE HOLD for a shop keeper show in balance sheet at the end of finicial year(31st march) under it act.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171239 Points)
Replied 05 October 2021
There is no cap on it, but it should be justifiable, as per the daily turnover of the business.
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