123789sant
Mar 18, 2013, 10:15 PM
My company (US based) wants us to follow the below procedure for passing the closing entries, please let us know whether is it allowed under Indian income tax... if any apprehensions please let us know...
1) Closing entries to be passed as on 31st March 2013
2) The same entries has to be reversed on 01st of April 2013
3)Again same entries has to be re passed as on 02nd of April 2013.
Request you to reply me at an earliest...
You can call me or e mail me at below address
[email protected]
9886371961
1) Closing entries to be passed as on 31st March 2013
2) The same entries has to be reversed on 01st of April 2013
3)Again same entries has to be re passed as on 02nd of April 2013.
Request you to reply me at an earliest...
You can call me or e mail me at below address
[email protected]
9886371961