hi friends
where goods are removed from factory on 25th march for jobwork and invoice for such job work is dated with 6th may, in which year such expense should be booked provided management has signed (finalised) the balance sheet on 1st may for conducting audit?
AS PER MY KNOWLEDGE
SUCH EXPENSES SHOULD BE SHOWN IN THE YEAR IN WHICH INVOICE WAS MADE
A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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Gowra Ventures Pvt Ltd
Hyderabad
CA
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Chirag N Shah & Associates
Mumbai
CA Inter
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