ANTECEDENT.
This query is : Resolved
Pratik Nitin Vyas
(Querist)
25 June 2009
WHAT DO U MEAN BY LETTER OF ANTECEDENT
CA Kartik Pandya
(Expert)
26 June 2009
A shortage or insufficiency. The amount by which Income Tax due exceeds the amount reported by the taxpayer on his or her return; also, the amount owed by a taxpayer who has not filed a return. The outstanding balance of a debt secured by a mortgage after the mortgaged property has been sold to satisfy the obligation at a price less than the debt. Feel free to ask for more explanation on my cell 099241 95661.
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