An individual received an invoice for their house construction in the 2022-23 financial year, but it was received in the 2023-24 financial year. They are seeking advice on whether booking this invoice in the current financial year could have consequences. The general consensus is to book the invoice upon receipt as it pertains to personal expenditure.
16 June 2024
Invoice received for FY 2022-23 in FY 2023-24 for individual his making construction of house and maintained by books of accounts by individual , May be any consequences for booking this invoice in FY 2023-24