Are Trade Advances and Loans & Advances are treated as same .....???
Menu
Trade advances
Replies (2)
Trade adcances means the advances you have taken/given to the debtors & creditors of your business. wereas loans & advances are those whihc you have taken from any bank, FI or you have given to someone.
| Originally posted by : madinashabana11 | ||
 |
Are Trade Advances and Loans & Advances are treated as same .....??? |
 |
“Trade Advances” are not “Loans & Advances”
CIT vs. Arvind Kumar Jain (Delhi High Court)
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
