Form 23ac

This query is : Resolved

Rawther Riswan (Querist)
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19 March 2013 Dear Sir/Madam,

We have a client for whom the trade payable is in negative(i.e. -1234). I cannot able to enter the amount in negative in Form 23AC. How can a negative amount can be entered in the form.

harleen batra

harleen batra (Expert)
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20 March 2013 Why don't you show it as trade receivable under asset side.

Rawther Riswan

Rawther Riswan (Querist)
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20 March 2013 When there is a separate column for Trade Payable. Is it is correct to enter to enter in trade receivable.

harleen batra

harleen batra (Expert)
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20 March 2013 in true sense it became trade receivable. so no problem in doing this.

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