I have a query regarding WRONG TOTALING IN closing balance of FG as per ER1 . Opening Balance 448 Quantity
Manufactured Quantity 598
Cleared 599
Closing Balance 347
448+598-599=447 DIFFERENCE OF 100 UNITS I WANT TO KNOW THE IMPACT OF WRONG TOTALING,FOR THE PAST FEW MONTHS IN ER1 THE SAME IS MISTAKE IS CARRIED FORWARDED IN THE ER1 RETUNS
19 March 2013
one more thing Mr Arun other than any legal impact is there any financial effect like over valuation or under valuation of stock in that above question.
CAclubindia
