Can i treat Property Tax as a indirect Expenses and show in the P/L A/c.?
The property owner is our company one of directors
sumanpandit (accountant) (74 Points)
24 December 2012Can i treat Property Tax as a indirect Expenses and show in the P/L A/c.?
The property owner is our company one of directors
CMA RAVI
(ASSISTANT MANGER - FINANCE)
(478 Points)
Replied 24 December 2012
Originally posted by : sumanpandit | ||
Can i treat Property Tax as a indirect Expenses and show in the P/L A/c.? The property owner is our company one of directors |
Property tax needs to be shown under Duties and Taxes in B/S.