Please tell treatment of Advances w/o in P/L in preparation of Cash Flow as per AS 3 (Indirect Method)
Its Urgent ???????????????
CA Santosh Srivastava
(Manager)
(142 Points)
Please tell treatment of Advances w/o in P/L in preparation of Cash Flow as per AS 3 (Indirect Method)
Its Urgent ???????????????
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 13 April 2012
You will have to add-back the advance written-off from the operating activities in Cash-flow statement, as they are given in the course of operating the business.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
