Dissallowance of bill
This query is : Resolved
12 January 2011
If a co. A(selling co.) is issuing bill to a B (purchasing co.) against its brand name & not against the name by which the co. is registered under the companies act.Can that bill be dissallowed by the assessing officer on assessment.
12 January 2011
If the bill is being signed on behalf of the company , It is acceptable to AO.
13 January 2011
Thank u sir
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