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To acknowledge credit note

This query is : Resolved 
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(Querist)
24 December 2014 Sir,
We have purchased material of Rs.3Lac and return material of Rs.2Lac back, and demanded for credit note. our supplier provide us Credit Note of Rs.2Lac, but our purchaser want one copy of credit note to be acknowledge from our side.stating reason that tax dept (e.g.Sales or Income Tax will demand the same) want the same for checking purpose.Whether acknowledging credit note to be correct from our side?
Please inform me whether this right or wrong. Waiting for your advice.
Yours,
Pravin
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Ketan Shah

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Ketan Shah (Expert)
24 December 2014 It is proper to acknowledge the credit note.
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Rupesh Jain

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Rupesh Jain (Expert)
24 December 2014 you have to acknowledge the credit note.
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