Wrong credit

This query is : Resolved

surya phani (Querist)
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30 March 2012 by mistake we have taken credit of BED Rs. 62000 in the place of Rs.6200 in the month of may, 2011 and utilised for payment and ER-1 submitted in June,2011. we have fond the mistake in the month of march, 2012. immediately (30th march, 2012) we have paid the diferrence in PLA with interest. please advise how to rectify in records, is there any penalty or procecution or any other problem

phani

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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14 April 2012 Correct it in the next month or now and reduce the excess credit as taken by you and if payable then pay it now

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