Menu
Issue of sales invoice for purchase return
Is it ok if a party has issued sales invoice(instead of debit note) to the same party from whom it has purchased those goods.There is no change in purchase rate of goods.
Replies (5)
Quick Summary
Yes one can do this also
Yes, Party can issue sales invoice (instead of debit note) to the same party from whom it has purchased those goods.
According to my opinion it should not be fair because without any resons turnover of entity will increase for income tax purpose.
Thanks to all for clarification of the matter
Job charges rate
Recent Topics :
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
Related Topics :
CAclubindia
