Revision of return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 May 2010
During the F.Y.2008-09,due to omission or non availability of documents,a pvt ltd company(Builders & Developers) has not recorded sales of Rs. 4400000. And a part payment was received in that year for that sale which was shown as advance received in that year. now is it necessary to revised the return or we can show it as sales of current year i.e. for F.Y.2009-10. The return of such company is already revised once.
25 May 2010
As per my view, the sale relates to previous period, but as you were not aware of this sale, it can be considered as current year's sales.
But, if there is any involvement of TDS, then you may have to revise your return.
But, if there is any involvement of TDS, then you may have to revise your return.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
