Compulsion of expenses

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Rohit tewatia (Querist)
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21 January 2015 dear sir i want to know that is there any compulsion on due of expenses . i know a entity which due there exp. on year end althought it pay its exp. monthly .

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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21 January 2015 did not understand your question pls reframe and elaborate.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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22 January 2015 If bill is received and payment is made on monthly basis then such expenses should be booked on monthly basis only.

Rupesh Jain

Rupesh Jain (Expert)
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22 January 2015 expenses these relatd to the last year but on date of balance sheet bill not recd. then we take provision for that.

Rupesh Jain

Rupesh Jain (Expert)
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22 January 2015 expenses these relatd to the last year but on date of balance sheet bill not recd. then we take provision for that.

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