Hello Professionals,
My client's previous CA has filed my client's IT Returns with a wrong Closing balance of Bank Account.
Now there arises the difference in Opening Balance if we need to match the BRS
Do we need to file another revised return or is there any adjustment entry possible ?? Few suggested adjustment through capital account is a way out. But my client who is a individual is attracted towards tax audit and if there comes any IT scrutiny in future also need to be taken care
Kindly advice with your expert knowledge of what can be done ?
CAclubindia
