27 August 2016
I have tax a refundable of .Rs.120000.department issued me a refund of 108000 with an interest of Rs.1500. for balance they raised a demand.what journal entry should I pass to account this?
27 August 2016
Deae Aratht,
How can refund and demand get generated in single return
Kindly post your query correctly
kindly like if my response has helped you
27 August 2016
Dear Aratht,
Check intimation under 143(1) as what they have disallowed or any mismatch is there
After that file a rectification your return will be reprocessed
kindly like if my response has helped you
CAclubindia
