27 May 2017
1. whether amount to be clubbed for a customer or it has to be seen as sales transaction wise (individual sales amount is not exceeding on any single day and also cash receipt not exceeding in respect of that . Whether clubbing of sales of different date to be done and reported) ?
2. I understand that if single sale amount is 2lakhs + and amount is received in different days in broken amount - it should be reported.
what about 1. ?
Expert :
Anonymous
Expert :
Anonymous
(Expert)
27 May 2017
Clubbing is to be made if all are in respect of one transaction.
CAclubindia
