Stock transfer
This query is : Resolved
Guest
Guest
(Querist)
06 January 2012
THERE ARE 2 DIFERENT ENTITIES SAY A & B BUT THE PROPERTIOR IS SAME AND A PURSHASES GOODS AND GIVE IT TO B AND B SELLS THE GOODS .HOW THIS WOULD BE REFLECTED IN THE BOOKS IN CASE OF VAT AUDIT IN FOLLOWING CIRCUMSTANCES
1. CONSOLIDATED P/L AND B/S IS PREPARED
2. SEPERATE P/L AND B/S IS PREPARED
1. CONSOLIDATED P/L AND B/S IS PREPARED
2. SEPERATE P/L AND B/S IS PREPARED
CA PARAS BAFNA
(Expert)
06 January 2012
IT IS BETTER TO HAVE ONE FIRM AS SPECIFIC PURPOSE OF HAVING 2 PROP. CONCERNS HAS NOT BEEN CLARIFIED BY YOU.
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