Query Related to ITR-6
This query is : Resolved
24 September 2007
Dear Friends
Can anyone of you tell me whether a company has to disclose the excise duty paid and received, etc in the p/l a/c of the form if it is following exclusive method of accounting.
Can anyone of you tell me whether a company has to disclose the excise duty paid and received, etc in the p/l a/c of the form if it is following exclusive method of accounting.
24 September 2007
Hi Sanchit,
You need to give all the details for the government payments made Excise Duty paid and received.
You need to give all the details for the government payments made Excise Duty paid and received.
24 September 2007
Thanks Gul
24 September 2007
It is mandatory. As per Accounting Standard Intrepretation 14 every companies should disclose their Gross Turnover and excise portion separately.
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