PGBP
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2010
Can an individual having two businesses, follow two accounting methods. please let me know with section or rule.
15 January 2010
You can follow mercantile system for one business and cash system for other one depending upon the nature of business. But once u decide a method u have to follow it consistantly.
CMA Ramesh Krishnan
(Expert)
15 January 2010
Agree
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