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(Querist)
14 December 2009 We are in Rental Car Service provider, I want to know that how we will finalize the accounts and analysis the accounts in verious asepetcs ?
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
14 December 2009 Either you can employ cash system of accounting or mercantile basis of accounting.

- Sec. 145(1) of the Income Tax Act

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