what is the tax treatment of cashback received for making cashless payments on fuel recharge made for vehicles used for the purpose of business?
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Tax treatment of cash back received on fuel recharge
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...
Then the cash back will reversed the same way of FUEL CHARGES...
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