u cannot do dat as per the new confirmations received..!!!
de cud even file a case as a scrutiny to ur place..!!
n wud go to the depth of ur money received..!!
Vibhor Jain
(student)
(390 Points)
Replied 25 April 2009
u cannot do dat as per the new confirmations received..!!!
de cud even file a case as a scrutiny to ur place..!!
n wud go to the depth of ur money received..!!
M.M.SURANA
(Director -Taxation )
(532 Points)
Replied 28 April 2009
U should think practically. If U deposit che in to bank on last day of month/year, And unfortunately it bounce, What U will do. You going to Keep in Bank Reconciliation on last day of month/year. U hav to submit your Bank reconcialiation to your Auditor. When U get it back /or from Bank Statement only U will know that your che has been bounce. In that case U can again debit party A/c. Your intention should be clear and true. The Bank is not going to pay U any thing unless your effects r clear.
N.J.R
(Practice)
(346 Points)
Replied 02 May 2009
| Originally posted by :Rupesh Kumar | ||
| " | BUT THIS IS A FALSE ENTRY NAA? HOW WE CAN FACE TO AUDITOR ABOUT THIS? | " |
I think Rupesh, Mr. Khurana hv not gone thro' provisions under Income Tax Act relating to Prosecution. what u say?
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