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Difference in bank balance

gaddala ramesh (166 Points)

20 September 2023

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

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3 Replies

sabyasachi mukherjee (27771 Points)
Replied 20 September 2023

Always report as per bank reconciliation statement.

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RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 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...

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Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 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

1 Like