Agreed with Sudhkar sir
vpr99
(Manager-Accounts&Finance)
(68 Points)
Replied 27 August 2010
It should be shown as Loans & Advances under current assets, if it has been properly scruitnised i.e bal why paid more than credit amt, otherwise it would goes to Any Chargeable A/c for the year end balancing purpose.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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