I have filed Last Year Income Tax FY 2018 - 2019 Without Showing Interest on Loan now this year opening balance is differ in account if we put the last year interest the opening balance is correct can i show the last year Interest in April -19 ( I.e Interest Rs.785412 ) and take the interest as current year expenses or should i transfer the Interest to Capital or which head it should be transfer
Interest on Loan Not Shown While Filing Income Tax return Last Year
Libissa (Accountant) (319 Points)
15 August 2020