loan receives from fictitious person less than 20000 how to deal with that
naman modi (Article) (111 Points)
04 September 2011loan receives from fictitious person less than 20000 how to deal with that
TRILOCHAN
(SENIOR ACCOUNTANT)
(698 Points)
Replied 05 September 2011
Paid cash and account balance will be NIL. ( no need to disclose in 269SS)
naman modi
(Article)
(111 Points)
Replied 05 September 2011
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 05 September 2011
if such balances would appear in balance sheet then confirmation and 269SS would apply,
better to put such amounts in "advance from customers"
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