Limit of discount on sales

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 July 2011 DEAR SIR,

I WANT TO KNOW HOW MUCH WE ARE GIVING DISCOUNT ON SALES OR TOD(TURNOVER DISCOUNT )ANY LIMIT FOR DISCOUNT. I AM GIVING DISCOUNT 52 LACS@5%. THIS IS POSSIBLE OR NOT.

THANKS IN ADVANCE

26 July 2011 You cannot sale the purchased goods on Loss if you are giving discount. If there is profit then you can give any discount

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 July 2011 Thank you very much


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details