Menu
Purchase difference in B/S and accounts
Friends I make my balance sheet audited in 2018-19 and show purchase of Rs 54625550 but actual purchase in my accounts is 54740550 and all purchase is from registered dealer and ITC is claimed according to accounts so please someone give any solution for this.
Replies (3)
Quick Summary
You can book remaining purchase in f. y. 2019-20 n take that's itc.. But while at the time filling annual return you will have to disclose that purchase on gst portal.. There is no issue with this it's human error n that can be justified..
Financial Statements needs to be prepared with much care and diligence as it can not be revised afterwards.
ITC is already claimed in 2018-19
Recent Topics :
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
- Is it possible to get a refund for an accidental o
- ITR-3 Section P&L - speculative income - no bo
- Foreign Assets reporting
- Build corpus in HUF
Related Topics :
CAclubindia
