Hi,
I have on query please help
we use stamp paper's at the time of joining of company by an employee then i want to know when we purchased these stamp paper's i have not received any bills on this then how we record's this expense and which head it is needs to be recorded ? Plz guide
boss... there are no bills recd by us for stamp papers usually... its paid in cash mostly... so you directly expense it
either in legal expenses, or any appropriate head ur company uses in the past
Dear
At times you have to pay premium also to be paid & to be accounted in one lot.
Hi dear ,
I have not understand your meaning plz explain in simple way
Dear
Premium mean you have to pay extra money on the face value of the stamp paper. viz., for Rs: 100 stamp paper you have to pay Rs: 120 or so (availability & based on demand in the market)
Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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