Penalty payment in gst
This query is : Open
Fakher Alam
(Querist)
25 June 2017
Sir,
If we pay penalty Agst late return or wrong accounting
Then in which head the penalty amount will be show in financial report. (Balance sheet)
Please suggest.
Thanks
If we pay penalty Agst late return or wrong accounting
Then in which head the penalty amount will be show in financial report. (Balance sheet)
Please suggest.
Thanks
CA Rashmi Gandhi
(Expert)
25 June 2017
Penalty A/c ...............
Fakher Alam
(Querist)
26 June 2017
In which group they will fall
CA Rashmi Gandhi
(Expert)
26 June 2017
Legal charges...............
Fakher Alam
(Querist)
27 June 2017
Direct ?indirect or less in capital?
CA Rashmi Gandhi
(Expert)
27 June 2017
Indirect exp.....
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