Regarding unclear suspense account
This query is : Resolved
28 August 2015
Sir, what we will do if any suspense account is not cleared till finalisation and audit. Please advise me. In the same way if any of income appeared in bank statement (thru RTGS)
didnot any track record of clients what we will do in the finalisation. Please advise me.
didnot any track record of clients what we will do in the finalisation. Please advise me.
28 August 2015
You can show it as miscellaneous income and offer the same for taxation.
On the other hand if it is an expenses, claim it as drawing
On the other hand if it is an expenses, claim it as drawing
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