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 Threads
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
Related Threads
CAclubindia
