Menu
Paytm regarding
father shop paytm sale credit in son saving account and son is also running other business so what is d tratment in son balance sheet
Replies (4)
Cash receipts to be recorded in books of father's shop.
Kuch samaj ni aaya father ki shop ki sale son k saving m aayi h sir
Don't record those receipts in son balance sheet. Remember every business has seperate entity.
Sale father ke account me likhne ka aur is son is amount ko father ke against due bata dega.
Recent Topic
- GST on Post-OC Installments – Payment Milest
- Sec-54F exemption and Carry forward losses
- FEMA treatment — USD gift from LRS-funded fo
- RSU and Schedule FA related
- ELIGIBILITY FOR COMPOSITION SCHEME
- Doubt regarding the purpose of Section 52(3) of Co
- 112 A Filling
- Long Term Capital Loss in ITR2
- LOAN INTEREST BENEFIT ON NEW TAX REGIME
- Retirement funds under new tax regime
Related Topics
CAclubindia
