short refund of i tax

A/c entries 612 views 2 replies

YAGYESH KANT TRIPATHI

students

42 Points Joined November 2008

short refund of i tax.

tds rec 50000

refund 47000

short amnt recd 3000

can i shoew this as an exp. in d current year.

plzzz explain me thru j.e

Replies (2)

Sakshi kumar

CA Final Student

155 Points Joined June 2010

First of all u should write a letter to I.Tax Department,against short refund.. Also d amount of refund includes not only T.D.S amount bt also Interest thereon..

J.E:

Bank A/cDr. To T.D.S A/c

Guest

Originally posted by : Sakshi kumar
	First of all u should write a letter to I.Tax Department,against short refund.. Also d amount of refund includes not only T.D.S amount bt also Interest thereon.. J.E: Bank A/cDr. To T.D.S A/c