EASYOFFICE
EASYOFFICE
EASYOFFICE

income tax refund

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 August 2010 I have received 2 income tax refunds in one it is excess provision and in other it is short provision.
Should both be netted of and one figure will be part of p&L item or both shold be shown seperately
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
25 August 2010 https://www.caclubindia.com/experts/income-tax-refund-468515.asp

FOLLOW THE ABOVE PROCEDURE YEAR TO YEAR WISE.
Profile Image

CMA. Subhash Kumar Jha

Profile Image

CMA. Subhash Kumar Jha (Expert)
25 August 2010 If the two refunds are meant for two separate years, then accounting should be done separately on yearly basis.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links