BOOK ADJUSTMENT ENTRY PASSED ACCEPTED IN IT ACT
This query is : Resolved
06 June 2022
SIR,
case-1:Trade creditor balance rs: 2 lacs and trade debtor balance rs:1 lacs and another trade debtor balance rs:1 lacs outstanding balance as per books.
case-2: cash loan creditor balance rs:1 lacs and cash loan debtor balance rs:2 lacs outstanding balance as per books.
Query:
Assessee above mentioned two types cases outstanding balanceses book adjustment entry passed in books accepted under it act.
case-1:Trade creditor balance rs: 2 lacs and trade debtor balance rs:1 lacs and another trade debtor balance rs:1 lacs outstanding balance as per books.
case-2: cash loan creditor balance rs:1 lacs and cash loan debtor balance rs:2 lacs outstanding balance as per books.
Query:
Assessee above mentioned two types cases outstanding balanceses book adjustment entry passed in books accepted under it act.
06 June 2022
Yes, book adjustment accepted in IT.
Message likes :
1 times
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Correction in TDS return New Traces Portal
- TDS refund Indemnity Bond
- Short Term Gain Reporting ITR
- U/S 194 T
- 44AD, 44ADA business details
- Computation of Dividend
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
