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Accounts on receipt basis

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(Querist)
25 June 2016 Do professionals (CA/CS) are allowed to maintain accounts on receipt Basis even if they are under Tax Audit? Is it ok if they pay Service Tax on receipt basis?
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Amol S Joglekar

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Amol S Joglekar (Expert)
26 June 2016 In fact, most of the professionals maintain their accounts on CASH basis.
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RINESH DHANESHA

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RINESH DHANESHA (Querist)
29 June 2016 Thanks @ Amol S Joglekar



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Amol S Joglekar

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Amol S Joglekar (Expert)
29 June 2016 you are most welcome

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