Documentary evidence for certain purchases
This query is : Resolved
04 August 2012
Respected All,
In respect of items such as milk, eggs, flowers etc, the supplier neither issues any bill nor accepts payment by cheque/DD.
what would serve as a sustainable documentary evidence in such cases ??
Thank you
Regards
In respect of items such as milk, eggs, flowers etc, the supplier neither issues any bill nor accepts payment by cheque/DD.
what would serve as a sustainable documentary evidence in such cases ??
Thank you
Regards
CA PARAS BAFNA
(Expert)
04 August 2012
In the absence of any document, reasonable estimates may only be used OR WORKED OUT, on case to case basis.
.
The prevailing tradition in a particular type of a business can not be overridden by the authorities by the bookish law.
.
Have you heard that a Hotelier or the Owner of a Sweets Shop is asked for documentary evidence of purchase of eggs or milk ?
.
They know, how to satisfy the authorities or what type of evidences are sustainable.
.
Documents are generated by human beings.
Necessity is the mother of invention. If you are desirous of generating any documentary evidence, no body will stop you .
While making cash payment, on a "well drafted" voucher if the signature of the recipient is obtained, that can be used as a sort of DE.
.
.
The prevailing tradition in a particular type of a business can not be overridden by the authorities by the bookish law.
.
Have you heard that a Hotelier or the Owner of a Sweets Shop is asked for documentary evidence of purchase of eggs or milk ?
.
They know, how to satisfy the authorities or what type of evidences are sustainable.
.
Documents are generated by human beings.
Necessity is the mother of invention. If you are desirous of generating any documentary evidence, no body will stop you .
While making cash payment, on a "well drafted" voucher if the signature of the recipient is obtained, that can be used as a sort of DE.
.
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