25 February 2014
transaction was supposed to passed in capital account but
passed in other account in fy
12 -13 , can we rectify this entry in fy 13-14
25 February 2014
If incase the amount is material and having a direct effect on the company's postion in the market than you must follow the procedure of reopening of accounts even after the adoption of accounts in AGM as per the Companies Act 1956.
CAclubindia
