Balance Transfer between Ledger

This discussion explores the permissibility of transferring ledger balances between accounts held by entities with different PANs. Specifically, it addresses whether a receivable from one party can be offset against an advance from another. While seemingly possible if the underlying transactions are genuine, experts advise against this practice. The recommended approach is to return the funds to the original payer and receive them from the intended recipient to prevent potential complications during tax assessments.