Dear Sir
I gave a sale bill to our supplier on dated 31.03.19 but unfortunately party had return the material due to issue in product I gave the credit not on dated 31.05.19 against the original invoice
Now my query is in which year I will to show credit note in tax audit
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Credit Note
Replies (5)
You have to show the credit note in FY 2019-20 for Tax Audit.
Sir but my original invoice is previous financial year 18-19
I know, but your credit note date is FY 2019-20
so, credit note amount adjust with FY 2019-20 turnover.
so, credit note amount adjust with FY 2019-20 turnover.
Sir against which invoice will be adjust?
The credit note would be shown in Fy 201920 pertaining to supplies of FY 1819.
I understand the credit note must be booked in fy 1920
I understand the credit note must be booked in fy 1920
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