banner_ad

Deemed to be let out shop Rent

172 views 3 replies
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)
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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details