BANK BALANCE
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2010
HELLO FRIENDS
I AM LITTLE CONFUSE, I WANT TO KNOW THAT MY MONTHLY BALANCE OF BANK BOOK IS NOT TALLY WITH THE BANK STATEMENTS BUT AT THE END OF THE 31ST MARCH IT IS TALLIED....
SO IS THERE ANY WRONG EFFECT ON POINT OF VIEW OF TAXATION?????
KINDLY HELP ME.............
REGARDS:
RAKESH CHAUHAN
I AM LITTLE CONFUSE, I WANT TO KNOW THAT MY MONTHLY BALANCE OF BANK BOOK IS NOT TALLY WITH THE BANK STATEMENTS BUT AT THE END OF THE 31ST MARCH IT IS TALLIED....
SO IS THERE ANY WRONG EFFECT ON POINT OF VIEW OF TAXATION?????
KINDLY HELP ME.............
REGARDS:
RAKESH CHAUHAN
BHAI(SAI) DUPARE
(Expert)
15 December 2010
Due to Bank reconciliation Opening Balance. Then it will be OK. But keep record Closing year open cheques
15 December 2010
If you have proper records for reconciliation , then there is no need to worry.
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Non filing of I T Returns
- UDIN ISSUE
- TDS on Fixed Assets purchased
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
