one of our client is showing 95% of the balance sheet total for creditors and debtors only............i have gone through the books during tax audit and found nothing so serious to be reported......is there any probability of having manipulation in books...pls guide........
Please vouch the Purchase bills correctly, there are chances of producing fake bills to increases the creditors and show low profit.
SSGS and Associates
Chennai
CA Inter
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CMNITY HIRE
New Delhi
Others
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CAclubindia
