Balance confirmation letter

Ashish (Querist) 06 May 2013 This query is : Resolved
i need to know that in case of balance confirmation letter to debtors, is it necessary to ask for the reply or we can put the condition that reply is required only in case of any difference. Also if we have asked for the reply and there is no reply from the party so can we use the balance confirmation letter sent by us in the court in case of any dispute.

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ajay sethi (Expert) 06 May 2013
just ask for balance confirmation that following amount is due and payable as per your books of accounts and you require the same for income tax purposes

Ashish (Querist) 06 May 2013
but in case they do not reply so can we use the balance confirmation letter sent by us in case of a dispute and use it against them that they did not reply

ajay sethi (Expert) 06 May 2013
if they had confirmed the balance then you can use it .you would have strong case . if they did not confirm it then at most you can take the plea that detailed statement of account was sent but the defendant never disputed the same