Prior period expense
This query is : Resolved
03 September 2012
What is the tax provision regarding last year bill received in current year? Will it be allowed for deduction if goods received in current year?
03 September 2012
Related to Purchase or Expenses ?
If Not Book in Last Year due to Say Stock in Transit, Then Purchase Bill Allowed in This Yeear.
If Not Book in Last Year due to Say Stock in Transit, Then Purchase Bill Allowed in This Yeear.
Message likes :
1 times
06 September 2012
and in expenses case ? other than purchase bill(journal vouchers)?
06 September 2012
Expenses to be Based on Accrual Basis.
Also Depend on Type of Expense.
Also Depend on Type of Expense.
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