Menu
Income
Can a consulting charge be deducted from income from stock?
Replies (2)
Yes, if it was paid for the generation of the particular income.
What type of consulting are you giving ? It is necessary to sale of goods or independent. If necessary for sale and you collected through sale of goods. Than should not deduct from stock. If you give independently then no need to add in stock then deduct from stock . you should directly credit to SPL
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
