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Difference in bank balance

340 views 3 replies

gaddala ramesh

166 Points Posted on 20 September 2023

in income tax return 22-23 two rupees excessly taken in bank balance, how to adjust in next year

Replies (3)

sabyasachi mukherjee

Profession Business

28207 Points Posted on 20 September 2023

Always report as per bank reconciliation statement.

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 20 September 2023

@ gaddala ramesh,

As per Your query, I don't know it's from Cr or Dr balance.
Check the difference where you missed...
Add/Less in the same in next year...

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 22 September 2023

You must report bank balance as per Accounts and not as per bank account.

Are you following BRS ?

1/- difference is accepted due to rounded off issue

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