09 July 2013
for ay 09-10 assessee has claim deduction for its losse amt rs.7lac. After reopening AO has disallowed to carry forward whole 7lac. By passing order in Ay 13-14. So, my question is that whether this will affect my books of a/c? Or it will only affect compution of assesee for ay 13- 14. And if it affect books of a/c what to be done to reverse the losse claim as deduction and carry forward till ay 13- 14.
CAclubindia
