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sidhumoosewala295

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  • November 10, 2022 at 4:27 pm #671200
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    If not mentioned otherwise, we would assume it is cash basis, i.e, cash received will be recorded irrespective of the period it relates to. As the rent is paid in advance and tax year end is 5th April, we would record the payment of 11 months rather than 10.

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