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Tax treatment of cash back received on fuel recharge

Tax queries 438 views 3 replies

what is the tax treatment of cashback received for making cashless payments on fuel recharge made for vehicles used for the purpose of business?

Replies (3)
Reverse the same head for the fuel cash back...
it is u r indirect income so u have to charged in credit side of p&l a/c
The payment paid to Fuel Chareges...
Then the cash back will reversed the same way of FUEL CHARGES...


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