12 May 2016
Hi all
A clarification is reqd for donation.
What WL b treatment of donation for CSR activity as per c act 2013 for cost plus markup revenue model company.
Does it need to b shown as expense in P/L or reduced from R/S as part of approx.
Reply is appreciated. Also if extract of act can b knwn.
12 May 2016
Thanks for update.
Yes we have a separate ledger for CSR expense too which is included in billing but donation we r not billing but only shwing in P/L for presentation.
plz let me knw how cost plus co.s present donation in its financials. eg of co.s willb preferred
CAclubindia
