re : accounts

This query is : Resolved

gurru (Querist)
Follow

11 November 2009 we are a properitor firm. we are distributor of petroleum company.now,we are taking distributorship of another company along with current distributorship.now,i want to know whether we have to file differnt sales tax quarterly returns of both the distributorship or just single return.whether we have to open account of two companies for both the distributorship or one company.kindly guide us.

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

11 November 2009 No need to any change. account should be done as both are consigner. no need to devide your books of accounts. only agreement required for that.

CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
Follow

11 November 2009 Agree with expert. Since you are distributor and not C & F agent, you can carry on as it is , only maintain clear books of accounts for purchase,sale and all .

Guest

Guest (Expert)

11 November 2009 Agree with sanjay.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

vinod

sandhya.v

Suneel Shah

NICKOONJ VANANI

CA.K.RAMAKRISHNA. PRABHU

Subscribe Now

re : accounts

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

CA Final

GST CONSULTANCY

Accountant

Article Assistant