Effect on accounts and tax liability
Querist : Anonymous
We have a coustomer who make apayment Rs. 1,20,000/-. He want issue the bill in his name but payment made from Credit card of his friend. So, please suggest wat to do..
Querist : Anonymous
for payments its as good as cash( made through bank ) but to avoid litigation from 3rd party if he claims the money , for this purpose only, u have to maintain the above procedure
payment made by credit card of his friend, how he can make payment in absence of his friend? who will sign slips?
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