Maintain books of account

This query is : Resolved 

01 October 2014 what are the expense that are to be recorded while maintaining books of account in case of transport buisiness

1. fuel expense
2. emi
3. other maintainance(if done in cash)

01 October 2014 all exp related to transport business actually incurred.

01 October 2014 some expense are done in cash what about that with no bills

01 October 2014 till there is no assessment doen not to worry u claim it but when ao ask u in assessment proceedings then u may be in trouble

01 October 2014 what is the solution for this

01 October 2014 there is no solution as a supporting is necesary for claiming any exp.


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