Query Related to ITR-6


This query is : Resolved 

(Querist)
24 September 2007 Dear Friends

Can anyone of you tell me whether a company has to disclose the excise duty paid and received, etc in the p/l a/c of the form if it is following exclusive method of accounting.

CMA Gul S (Expert)
24 September 2007 Hi Sanchit,

You need to give all the details for the government payments made Excise Duty paid and received.

Sanchit Garg (Querist)
24 September 2007 Thanks Gul

Ravikumar.G (Expert)
24 September 2007 It is mandatory. As per Accounting Standard Intrepretation 14 every companies should disclose their Gross Turnover and excise portion separately.

KAAPIL (Expert)
08 November 2007 Thanks for the inputs.


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