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Provision for rate increase/decrease

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3 Points Posted on 16 September 2023
provision for supplementary price increase decrease for raw material exempt or not in income tax?
actual supplementary debit note received in next finance year
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On 16 September 2023 at 20:57 Report
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"Do the Right Thing...!!!"
128152 Points Posted on 16 September 2023
If we provide provisional entries then its impacted in the Accounting of the same year.
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On 16 September 2023 at 23:30
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Profession Business
28207 Points Posted on 19 September 2023
There is no rule in income tax by which any price increase can be supplemented by corresponding raw material price increase.
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On 19 September 2023 at 06:27


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