Co Op Housing society received some amount of Deposit ( refundable) , but do not know from whom , so they kept it Suspense A/c , my query is Can they show as Suspense Deposit ( Liability) in Audited balance sheet , without clearing Suspence A/c .
Thanks in Advance.
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Refundable Deposit received
Replies (9)
Suspense must be cleared for filings.
Yes I agreed...
No possibilities to finalize the account with suspense balance.
Better to try and collect details...
No possibilities to finalize the account with suspense balance.
Better to try and collect details...
OK possible.
| Originally posted by : sabyasachi mukherjee | ||
 |
OK possible. |  |
Bro,
Please explain how its possible...
We can learn from You...
IF YOU DO NOT GET TGE DETAILS. WHAT IS THE NEXT COURSE OF ACTION?
FIRST UNDERSTAND THEN REPLY.
FIRST UNDERSTAND THEN REPLY.
| Originally posted by : sabyasachi mukherjee | ||
|
IF YOU DO NOT GET TGE DETAILS. WHAT IS THE NEXT COURSE OF ACTION?FIRST UNDERSTAND THEN REPLY. | |
First you understand the query Mr.
After that give reply if You know the action.
Otherwise just shutdown...
Are You aware the finalize of accounts...??
Are You know suspense account not shown in IT...??
moodittu poyidu avlo thaan solven...
What is TGE is it a tax provision?
| Originally posted by : Yasaswi Gomes new | ||
|
What is TGE is it a tax provision? | |
Bro, I think that (THE).
written mistake...
It's better not to keep suspense but sometimes you cannot avoid.
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