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RAJA P M ("Do the Right Thing...!!!") 02 October 2017
I agreed your above said reply.
In case he add cash sales then what is the next provisions under local taxes (VAT)...?
Why not he rectify the inward cash transactions and Expenses...?
In my view,
Also the excess cash come from any one hand. So, Why not he add the amount as loan or any other ways...?
Bcoz, He add the cash sales then he ll be pay VAT tax with interest & penalty....!
Am I right...!
Registerexperts.com (company registeration) 11 October 2017
books are not mantain properlly cash has a huge nagative balance find out where gone wrong check properly cash a/c find out mistake 31 october is last date for tax audit do correction before this date or increase cash sales accordingly and pay tax with interest