Debtors
This query is : Resolved
14 July 2013
Dear Sir,
In one of the case, assessee opting section 44AD and total bills issued from bill book are RS 42 lacs however recipts in bank a/c are 35 lacs. Except bill book and bank statement assessee has no other account maintained. While filing itr4s Whether the 42-35= 7 lacs would be show as sundry debtors or not?
In one of the case, assessee opting section 44AD and total bills issued from bill book are RS 42 lacs however recipts in bank a/c are 35 lacs. Except bill book and bank statement assessee has no other account maintained. While filing itr4s Whether the 42-35= 7 lacs would be show as sundry debtors or not?
14 July 2013
Hello,
Closing Debtors =Opening Debtors+Debtors during the year-Cash Received during the year.
Closing Debtors =Opening Debtors+Debtors during the year-Cash Received during the year.
18 April 2017
Very old query need to be closed now
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