Purchase from farmers 40a(3)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2014
My cliet is a rice mill. They have paddy purchase from brokers. For 50% of the transactions they dont get purchase bills.How to account such transactions. Cash payments are made for such purchases. How to deal with the situation???
My cliet is a rice mill. They have paddy purchase from brokers. For 50% of the transactions they dont get purchase bills.How to account such transactions. Cash payments are made for such purchases. How to deal with the situation???
13 March 2014
Actually what is ur question I cant understand.. If 50% transactions r on cash than whats the big deal??
If u r issuing invoice then its k.. Otherwise elaborate ur query.
If u r issuing invoice then its k.. Otherwise elaborate ur query.
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