Poonawalla fincorp
Poonawalla fincorp

Sundry Credito negative balance

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 July 2011 Dear Sir,
I am always making advance payment to some parties providing me some services for my business. So they always have debit balance.
Now my question is, while filing return of income, (I am filing ROI u/s. 44AD) should I net them off with other sundry creditors or to show them in Sundry Debtors.
Profile Image

Ravikant

Profile Image

Ravikant (Expert)
18 July 2011 Show them in Debtors

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links