Excess fake cash adjustment in co. balancesheet


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Querist : Anonymous (Querist)
07 June 2011 to show off better position a manu. co. has booked sales of labour charges and against that have shown fake entries in cashbook for cash receipt to the tune of Rs.1.5 crore.How to adjust the cash balance and maintain it upto Rs.8-10 lakhs

07 June 2011 if servicetax is paid on such labour charges then its established.

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