Extraordinary items in profit and loss account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 November 2011
1. Whether DONATION can be taken as extraordinary items?? Give reason for tha same..
2. Also give more example of extraordinary items....
2. Also give more example of extraordinary items....
18 November 2011
1. No Donation is not an Extraordinery itmes it will come under the operating expenses. It is condsidered as normal expenses of the business.
2. An Extraordinery item is an item which is not a day to day item. Like loss by earth quake
2. An Extraordinery item is an item which is not a day to day item. Like loss by earth quake
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
