banner_ad

Tax treatment of cash back received on fuel recharge

Tax queries 454 views 3 replies
User Avatar

student
37 Points Posted on 01 April 2018

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

0 Reply Share Follow
On 01 April 2018 at 07:44 Report
Replies (3)
User Avatar

"Do the Right Thing...!!!"
128152 Points Posted on 01 April 2018
Reverse the same head for the fuel cash back...
Reply
On 01 April 2018 at 07:54
User Avatar

Ca
137 Points Posted on 01 April 2018
it is u r indirect income so u have to charged in credit side of p&l a/c
Reply
On 01 April 2018 at 13:57
User Avatar

"Do the Right Thing...!!!"
128152 Points Posted on 01 April 2018
The payment paid to Fuel Chareges...
Then the cash back will reversed the same way of FUEL CHARGES...
Reply
On 01 April 2018 at 19:30


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details