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All QuestionsAdjustment entry passed in books allowed in it act
Profile photo of Kollipara sundaraiahKollipara sundaraiah asked 1 year ago

Adjustment entry passed in books allowed in it act

Sec 44ada it returns filed person outstanding ledger balance amount different debtor and creditor as on 31-03-21 show in books loan from creditor rs:1 lacs loan to debtor balance rs:1 lacs
Assess creditor ledger balance amount rs:1 lacs transferred to debtor balance account adjustment accounting entry passed in books.
Above transactions allowed in it act.

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