Missing in financial statements

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 May 2014 Sir in 11-12 we forgot to take one bank ac.in audit report.now v came to knw the ac.in 12-13.should we also revised our return in income tax Dept as this is an NGO having audit.or we can give effect in 12-13 Balance Sheet.if v revise return of I.tax what problems we will face.

Profile Image

Guest

Profile Image

Guest (Expert)
14 May 2014 thats quite a silly type of mistake even when u have audit...

how u had matched your balancesheet without taking a bank account in records... how this is possible........

please avoid this if u r doing accounting on estimate type basis....

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 May 2014 We are not doing accounting on estimate basis as account was open newly and no such transctions has happened in that account but our B/s has matched kindly tell me for revised return if it was done mannually in income tax dept.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details