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Easy Office

change of accounting method

This query is : Resolved 

29 May 2009 please can anyone help me, I am maintaining my accounts in sigle entry system now can i change to double entry system, the income tax dept. weather will permit or not ple reply soon

02 June 2009 it is permitted. In case if your booked of accounts needs to get audited in that case you have to draw the statement showing the deviation due to this change as per tax audit report.



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