banner_ad

Delivery of material from a party differant from supplier

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 January 2012 I have a peculiar query:
A pvt ltd Company ABC places an order with another company XYZ. The goods are delivered by the XYZ company to the premises of ABC company alongwith all the documents (CHallans etc) except Invoice. Invoice is sent by a differant company PQR to ABC, also payments are done to PQR by ABC. So for all accounting purpose PQR is the supplier for ABC.

My query is are there any adverse implication with regards to income tax assessment ?
Profile Image

CA Parth Shah

Profile Image

CA Parth Shah (Expert)
06 January 2012 Hi Dhaval,
This type of transactions are normal in real business and thus it would not impact on I.T assessment. The only thing is that the transaction should not have been fake and in this case it is adviceble to pay some consideration as commission to middle party XYZ Ltd just to make this transaction acceptable in the eyes of law.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details