23 May 2017
My Client has sold goods to his party by a single bill for the Fy 2016-17 for Rs.1.00 lakhs during the year he has received Rs.50,000/- by A/c payee Cheque and Rs.50,000/- bu cash in different dates. Can adopt 6% on Rs.50,000/- & 8% on Rs.50,000/- or 8% on total Rs.1.00 lakhs for the Asst Year 2017-18.
CAclubindia
