Difference in bank balance

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.

Always report as per bank reconciliation statement.
@ 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...
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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details