Respected Sir /Madam
Deemed to be let out shop I have taken Rent Rs. 84000 for A. Y. 2022-23.
Please guide me in profit & loss A/c
Above rent is only deemed not actually received then profit & Loss A/c is credited by Rs 84000 or credited by Rs Zero (0)
Menu
Deemed to be let out shop Rent
Replies (3)
There will no entry in profit and loss account. This genuine difference will stay between income tax and Financials which is perfectly fine.
If it is deemed and not actually received there are other issues.
Thanks for kind reply.
Recent Threads
- TDS demand payment notice
- Invoice NOT in 2B but showing in 2A, and supplier
- Is ITC available on VRF AC
- Capital gains on sale of furnished flat
- Heard & Seen Around – Your Daily Economi
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
Related Threads
CAclubindia
