Dear Sir....
Company paid insurance for companies car can we show that under Repairs& Maintance head...?
Rly plz...
Menu
Car insurance
Replies (3)
Better show this under separate heading "Insurance". Not suitable to categorize under "Repairs and Maintenance" head...
| Originally posted by : Bhaskar Unnikrishnan | ||
 |
Better show this under separate heading "Insurance". Not suitable to categorize under "Repairs and Maintenance" head... |
 |
agreed
| Originally posted by : CMA Bhaskar Unnikrishnan MBA | ||
|
|
Better show this under separate heading "Insurance". Not suitable to categorize under "Repairs and Maintenance" head... |
|
agree...
schedule VI asks to categorise expenses under three heads in Other Expense :-
1) Manufacturing expense
2)Administartive expense
3)Selling & Distribution expenses
thus, show it under Admnstrtv exp.
Recent Threads
- How to treat unutilised capital gain account schem
- What to do / how to handle about Capital receipt s
- How to show SGB interest in iTR
- How to file income tax return of ATM franchisee bu
- ITR Filing in case of deceased person
- Stuck with Schedule FSI in ITR 3
- Rental property gst claim genrator expense
- Gst on rental.
- TDS on Rent on joint property
- Cost of acquisition of a residential property acqu
Related Threads
CAclubindia
