TAX AUDIT REPORT - 269SS

Pankaj Arora (Learner) (3134 Points)

22 June 2018  
HI...

ABC LTD REPORTED RS 50 LAKH AS UNSECURED LOAN AND ACCORDINGLY AUDITOR REPORTED THE SAME IN 269SS UNDER TAX AUDIT REPORT, NOW MANAGEMENT DECIDED TO SHOW THIS ENTRY IN FY 2017-18 AS ADVANCES AGAINST LAND. PLEASE ADVISE IS IT POSSIBLE TO DO SO AFTER REPORTING THIS ENTRY IN TAX AUDIT REPORT BY THE AUDITOR