Sales invoice partainng to FY 24-25 can we cancel in 25-26.
Menu
Invoice 24-25
Replies (2)
No. For invoices related to FY 24-25, if cancellation is desired during FY 25-26, direct cancellation is usually not possible. Instead, a credit note (to reduce the invoice value) must be issued.
Deletion on tax invoice is not allowed only a credit note is opted for.
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
