Dear Sir/Madam,
My client Builder has collected interest from customer for late payment by customer, customer is asking for invoice what will be the SAC code for such receipts.
Menu
Sac code for interest received by builder from customer ?
Replies (3)
If the interest received is as per the terms of the agreement, no new code required, it is part & parcel of the construction activity.......
Thank You Sir,
Most Welcome, Dear....
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- 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
Related Topics
CAclubindia
