Agreed with Sudhkar sir
Doubt
Page no : 2
vpr99
(Manager-Accounts&Finance)
(68 Points)
Replied 27 August 2010
It should be shown as Loans & Advances under current assets, if it has been properly scruitnised i.e bal why paid more than credit amt, otherwise it would goes to Any Chargeable A/c for the year end balancing purpose.
Recent Topics
- ITC on Car loan processing charges
- Documentation to Substantiate Foreign Travel as Bu
- Deficiency Letter
- DRC 01 along with SCN not received
- GSTR 7 amendment
- Change Reason For Challan in already paid chalan
- 🤖 The Future of Tax Filing: How Automation
- Andromeda Aagents income
- GST RFD 01
- Monthly Pension from EPFO exempt or taxable?
Related Threads
CAclubindia
