Demand by suppliers of bank statement
This query is : Resolved
05 September 2024
Sir
Raw material Suppliers of our Company frequently claims bank statement from us so that they will confirm of their amount received from our end. Even though we tell them to check their account(given by them) on a particular date , instead of checking their account they still requesting the statement.
Does we legally liable to entertain such request, as it is a time taking process to entertain a large number of suppliers.
Abhijit
Raw material Suppliers of our Company frequently claims bank statement from us so that they will confirm of their amount received from our end. Even though we tell them to check their account(given by them) on a particular date , instead of checking their account they still requesting the statement.
Does we legally liable to entertain such request, as it is a time taking process to entertain a large number of suppliers.
Abhijit
05 September 2024
Depends upon your business relationship, not legally bound.
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?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Tds on building rent monthly
- 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?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
