Allowablity under it

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 April 2012 Dear Sir,- My Problem :-
We raised bill to "A". A provides its services to "B".
Our organization do not have any connection with "B".
So if instead of A, B paid our bill on behalf of A, Will there be any problem under IT as we have not raised any bill to B & these kind of transaction may incur number of times during year.
Pls explain consequence of these trans.

Thanks
Rahul

CA Kishore Tallam

CA Kishore Tallam (Expert)
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20 April 2012 There will not be any problem. But u need to obtain a consent letters from both A & B to the effect that B has paid the amount on behalf of A against the dues by A to u in order to substantiate both audit and IT.

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