Itr 4

This query is : Resolved 

17 September 2012 Dear Sir,
Audit fees payable Rs. 5000/- in liability side.
while filling in itr 4, it should be put in other provision cell of part BS or in the cell of sundry creditors.

Please advise me.

17 September 2012 In my opinion, it must be shown as Other Provisions till it is paid.

I would like to see the answers of other eminent experts as well

17 September 2012 It should be put it at Other provisions because it is estimated liability. In case audit has been completed and fees bill has been issued by the auditor then it would be sundry creditor.

OM SAI SRI SAI JAI JAI SAI

17 September 2012 Mr Tirumala,
Nice explanation.


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