22 January 2019
One of our clients has migrated with his file to us. when we started preparing his accounts we observed that an income tax refund of the year A y 16-17 and 17-18 was received during May 2018. however his previous accountant had not shown the refund in his balance sheet. Now while we are filing his return for the A Y 2018-19, how should we consider the refund amount of previous 2 assesment years..
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