31 December 2015
Dear Friends A company has rent receivable of Rs 60000/- for the FY 2014-15 but forget to include in ROI of AY 2015-16. Now how to rectify this mistake can we include this income in current financial year.
31 December 2015
but company is liable for audit u/s 44AB. Although we can revise ROI but can`t revise audited balance sheet. Plz tell me, If we include in this year then what discrepancy may be arise. Whether we have to face any penalty.
CAclubindia
