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
CAclubindia
