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Querist : Anonymous

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Querist : Anonymous (Querist)
04 October 2011 sir

we have running an education institute. In which we received tuition fees from students for distance and regular courses. We give rebate in fees to some poor students.

please tell in which head we take this rebate expenses. can we take it as scholarship expenses????? or tell me the right head.
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CA PRAVIN

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CA PRAVIN (Expert)
04 October 2011 IN SIMPLE WORDS IT IS A DISCOUNT. TAKE IT UNDER DISCOUNT.
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ACMA Obulirajan R

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ACMA Obulirajan R (Expert)
04 October 2011 You can book under

Scholarship Expenses A/c or Discount on Tuition fees A/c
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