ACCOUNTING TEATMENT FOR DETACTION OF STOCK VARIANCE BY GST DEPARTMENT

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..... hello, there was search and seizure by GST department for XYZ limited premises. they found physical inventory is not matched with books inventory. physical stock was less then books inventory by S .....

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..... 77; 3 crore and they raised demand for GST , interest , penalty . assesses accept it and paid all dues as per demand. now query is what is accounting treatment in the books of XYZ ltd for stock to be .....

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..... decrease by ₹ 3 crore. now - Reply By Atul Mehrotra - The Reply = Sir, in my opinion, stock will have to be revalued by posting an entry in the general ledger. Stock revaluation A/c Dr .....

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..... . To Stock of RM/ FG/ WIP This revaluation A/c will be charged to the Statement of P L as expense. - ACCOUNTING TEATMENT FOR DETACTION OF STOCK VARIANCE BY GST DEPARTMENT - Query Started .....

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..... By: - CABIJENDERKUMAR BANSAL Dated:- 2-8-2021 Accounting - Auditing - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management In .....

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..... dia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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