After finalisation of books we found that the provision for unpaid bills makes short. We had paid more then provision.
What should we do as accounting of that bills in current year is not allowable as per Income Tax derpartment and we can't avoid payment of such bills.
for Example We make provision of Rs. 50000/- against Bills of electricity, telephone, Mobile, Petrol etc. and final the Balance sheet.
After submitting the B/S to Income Tax Dept we found that we paid 60000/- against provision what should we do for balance Rs. 10000/-
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