BANK BALANCE
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2010
HELLO FRIENDS
I AM LITTLE CONFUSE, I WANT TO KNOW THAT MY MONTHLY BALANCE OF BANK BOOK IS NOT TALLY WITH THE BANK STATEMENTS BUT AT THE END OF THE 31ST MARCH IT IS TALLIED....
SO IS THERE ANY WRONG EFFECT ON POINT OF VIEW OF TAXATION?????
KINDLY HELP ME.............
REGARDS:
RAKESH CHAUHAN
I AM LITTLE CONFUSE, I WANT TO KNOW THAT MY MONTHLY BALANCE OF BANK BOOK IS NOT TALLY WITH THE BANK STATEMENTS BUT AT THE END OF THE 31ST MARCH IT IS TALLIED....
SO IS THERE ANY WRONG EFFECT ON POINT OF VIEW OF TAXATION?????
KINDLY HELP ME.............
REGARDS:
RAKESH CHAUHAN
15 December 2010
Due to Bank reconciliation Opening Balance. Then it will be OK. But keep record Closing year open cheques
15 December 2010
If you have proper records for reconciliation , then there is no need to worry.
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