Hi,,
Where to put the Direct Expense related to Income From Service in Revised Schedule VI ( Form 23 ACA) ?
Can it be inserted in Cost of Material Consumed ?
OR
in Other Expense ??
Thanks...
Kinjal Dodia
(Student Others)
(31 Points)
Replied 23 November 2012
Hi...
You can consider the expense as cost of materials provided you have included the income related to the services in the specific column.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India