Regarding adjustment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 March 2013
Dear Sir,
Sir one of our client is LIC agent who have sold a house for which consideration of Rs. 35 Lac is credited in bank.
Now assessee have Cash withdraw up to Rs. 20 Lac from bank & paid to all person in cash whom he have to pay which we have not shown in books of account earlier. Now what type of adjustment should be done ?
Please guide me. Give some way to get out of this situation.
Thanking you in advance.
Sir one of our client is LIC agent who have sold a house for which consideration of Rs. 35 Lac is credited in bank.
Now assessee have Cash withdraw up to Rs. 20 Lac from bank & paid to all person in cash whom he have to pay which we have not shown in books of account earlier. Now what type of adjustment should be done ?
Please guide me. Give some way to get out of this situation.
Thanking you in advance.
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 March 2013
Please some one do reply
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