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Expenses disallowed in the fy 2010-11

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2014 If the expenses relating to the Previous year 2010-11 are disallowed by the A.O. in the assessment order passed on 25/12/2013 whether any adjustments needs to be done in the Profit and loss account in the Financial year 2013-14
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AVTAR SINGH

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AVTAR SINGH (Expert)
27 January 2014 If certain expenses incurred by the assessee have been disallowed, no adjustment required in the books.

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