one of the it assessee accounting records maintained for hospital accounts. if cash balance some amount shortage show in books.
Question:
Assessee advance received from patients or cash loans from creditors correct method cash balance adjustment in books.
Better to adjust it against any cash expenditures.
Any loan or capital introduction of owner could be better option.
Rohit KC Jain & Co
New Delhi
CA Inter
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MANUJ SHARMA AND COMPANY
Noida
CA Inter
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Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
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Bharat Shah & Associates
Mumbai
CA Inter
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CCI
Pro
CAclubindia
