BOOK ADJUSTMENT ENTRY PASSED ACCEPTED IN IT ACT

This query is : Resolved 

06 June 2022 SIR,
case-1:Trade creditor balance rs: 2 lacs and trade debtor balance rs:1 lacs and another trade debtor balance rs:1 lacs outstanding balance as per books.
case-2: cash loan creditor balance rs:1 lacs and cash loan debtor balance rs:2 lacs outstanding balance as per books.
Query:
Assessee above mentioned two types cases outstanding balanceses book adjustment entry passed in books accepted under it act.

06 June 2022 Yes, book adjustment accepted in IT.



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