CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Room cancellation income

This query is : Resolved 

Dear sir, advance received and then cancelled due to party not visited on booking date. so which head i wil show this income?


it will be taxable under income from other source

GL name can be Room Cancellation Income. It can be disclosed as "Other Operating Income" in "Revenue from Operations".

ITs under other operating income.


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


Click here to login now



Similar Resolved Queries :





Trending Tags
ca exams may 2020
gstr 3b
accounts
aatmanirbhar bharat
unified portal
epf
students
gst portal
eway bill
companies act 2013
gst return
dgft
ca exams
esic
icsi
Excise
Others
VAT
sebi
itr
ca students
pm cares fund

FM by Grant Thornton    |    x