11 July 2023
I am having Fleet of vehicles and I use BPCL Petrocards for fuelling refuling the same on regular basis. On every fuelling i earn some petromiles and the same gets accumulated. Recently i have redeemed the amount. Say Rs 10,000/- . The same is credited under Rewards in BPCL Portal. Further the same amount can be only used for further fuelling.
Shall i treat the same as Other Income. As the same at end of the day will be utilized and the balance will be Zero