Cash book in minus
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 December 2011
credit cash in hand found in one day in cash books. what the tax & penalities as per income tax
Dintakurthi Tirumala
(Expert)
06 December 2011
Total amount which is as credit cash will be added as income for tax purpose.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
Dintakurthi Tirumala
(Expert)
06 December 2011
Please check the previous days transactions relating to payment and if any possible to change for the next days or check the next days transactions relating to receipts if any possible to change for the previous days.
It is very serious case and situation it shows your accounts is not correct and it is irregular and involves fraud.
Please once check all the transactions and consult your auditor to the possible ways to rectify and how to do it.
OM SAI SRI SAI JAI JAI SAI
It is very serious case and situation it shows your accounts is not correct and it is irregular and involves fraud.
Please once check all the transactions and consult your auditor to the possible ways to rectify and how to do it.
OM SAI SRI SAI JAI JAI SAI
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