04 August 2013
x sale goods to y of Rs. 20000000/-. Y makes NEFT of rs. 18000000/- & Charge Bank charges of Rs. 200000/- of NEFT. What is the tratement ( nature of expense) in Income tAx.
17 August 2013
Y has to Make payment of Rs. 20000000 . he makes Payment through bank . Bank charges rs. 2000000/- . Y charges this amount 200000/- to x & Made payment Of Rs. 18000000/- Net. what is treatment in books ox x of Rs.200000/-
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