in income tax return 22-23 two rupees excessly taken in bank balance, how to adjust in next year
Replies (3)
Quick Summary
This discussion addresses a minor two-rupee discrepancy in the bank balance reported on an income tax return. The advice given is to always reconcile your bank statements and report the balance as per your accounts, not the bank's. Any small differences, like the one mentioned, can typically be adjusted or accounted for in the following year's return, especially considering minor rounding differences are often accepted.