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Unaccounted cash purchased

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26 February 2018 During AY 16-17 purchased worth of 450000 were not accounted as accountant misplaced the waybills , we filed the returns for AY 16-17 and 17-18, Now During the renovation those unaccounted waybills were found? Now what should we do ? revised returns ? or can we just add to the present closing stock and show it under a separate head in trading account ? we are in wood business so difficult to find that in that AY
thanks
Sundeep
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CA. Brijesh Baranwal

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CA. Brijesh Baranwal (Expert)
27 February 2018 You may show the same as prior period item.
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