Accounting entry of additional tax paid due to mismatch in GSTR3B & Books.
This query is : Resolved
20 September 2022
Dear Experts,
I paid additional tax due to mismatch between GSTR3B and Books in 2122 related to FY 2021. I have made entry as:
Annual Return(20-21) under Miscellaneous expense A/c under Indirect Expense Dr. 56000
Bank. 56000
Is it correct entry ? if it is wrong please suggest the correct one.
I paid additional tax due to mismatch between GSTR3B and Books in 2122 related to FY 2021. I have made entry as:
Annual Return(20-21) under Miscellaneous expense A/c under Indirect Expense Dr. 56000
Bank. 56000
Is it correct entry ? if it is wrong please suggest the correct one.
20 September 2022
Instead of miscellaneous expenses charge it under taxes and duties.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST Rate for Catering Services
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Bank details not Visible on Traces Portal
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
