11 September 2015
Dear Members, I would like to be advised on the following : a) how far it is correct to pass accounting entry for Incentive Received from M/s Concor by Crediting the Expenses Head as M/s Concor ----- Dr to Expenses----cr b) Secondly, M/s Concor has not deducted any TDS while remitting the Incentive of Rs.130000/=calculated @ of per container basis, the reason therefor. Seeking professional advice on the above. with Rgds., Raja Ghosh.
CAclubindia
