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Cash balance negative undisclosed income treated in it act.

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(Querist)
10 December 2023 sir,
If a business person accounting records maintained used for tally accounting software some months closing cash balance negative showing.
Query:
Cash balance negative amount undisclosed income treated in it act.
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Asha Kanta Sharmapro badge online (Expert)
20 January 2024 Cash balance can not be negative

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