Menu
running business registration
If any business which is unregistered he is doing his business in small area and he purchase previous stock from other unregistered business show now how can he show his previous stock in time of registration what will be treatment and is he liable for tax in previous stock
Replies (1)
He is not liable to tax for previous stock, neither he will get the ITC as because purchased from unregistered dealer.
Recent Topic
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
Related Topics
CAclubindia
