Query with ref to finalization

This query is : Resolved

AshishLimaye (Querist)
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26 September 2013 In order to reduce profit in manufacturing concern can we reduce stock or increase expenses or any other alternative
after all it has implication on tax

Please suggest

Rajnish Singh

Rajnish Singh (Expert)
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27 September 2013 Dear Mr. Ashish,

Finacial Statement make to provide actual position of Business. If you put unnecceary thing under your Books definetly you face trouble at the time of assessment due to devaluation of tax liabilities.

so kindly eliminate to effect the Books with unneccessary activities