sir our dealer had received commission worth 1600000 and issued service invoices only upto 560000 . but the balance amount was related to commission payable by the dealer to sub dealers after his margin. when inquired with the company accounts department said that its dealer duty to pay commission to sub dealer and deduct tds from the dealer..
now my query is if our dealer have 560000 commission .. then why 1600000 was shown in 26as.. because our dealer have to answer for that balance amount sir..
pls show me a solution as his file is pending for filing..
Is this invoice discounting? Anyways, 1,60,00,000 is correct, as you only processed 560000 invoices remember.
CAclubindia
