can somebody help me on this. what is the accounting procedure, shall i require separate records for division w.r.t. to I. Tax, S. Tax, VAT etc. is it necessary to take separate reg number for div
24 September 2009
normaly books maintain its cover to all department. no need to maintain sepret book for all deprtmnet. only report to be submit by specific department in prescrived form.
24 September 2009
Thx Ram Avtar Singh Ji am not getting your reply...let me explain exact sits i have compnay one say A and want to create a division say A-1 . i want to bill for goods from A-1 div to A company how will do accounting & taxation part will affect