08 November 2012
I know this is for Shri Ayush Agrawal but after seeing the Question I am also replying. if you withdraw cash from bank and left it in B/s. Then how your B/s was matched. because bank balance was definetly tallied with bank statement if your accounts are audited. but if cash and bank both are from books and this transaction is left then there is no tax liability. because it doesn't effect Profit and loss it will effect only balance sheet.
CAclubindia
