it assessess cash on balance finical year March ending
example:
cash balance as per books rs:100/-
cash balance as per physically rs:120/-
question:
assessess difference amount adjustment compulsory.
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Cash balance difference
Replies (4)
No question of adjustment, but need to check the reason for variance, if the difference is remarkable.
Cash balance difference is not accepted.
chk every voucher.
chk every voucher.
Excess cash found in Company is illegal. GST is applicable @ a higher rate for items sold by that company. If Govt Agency recovers cash, then a penalty will also be imposed. Income tax is also applicable.
Who told gst us applicable?
cite specific instances or case laws.
cite specific instances or case laws.
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