Dear Sir,
We have made leather wallet and print name of the firm at wallet for advertisement purpose. please advise in Tally which head I create the ledger. also suggest can we avail ITC on these expenses.
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Wallet printing and ITC
Replies (7)
Is the wallet will be sale or giving gift...?!
Sir, it's only for advertisement purpose giving gift
If You are giving gift or free then ITC not available...
Sir, In which head under create the ledger
Under Indirect Expense...
Thank you very much Sir
You are welcome Dear...
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