name changed due to JOINT VENTURE

This query is : Resolved 

19 April 2009 a pvt ltd company,whose name was changed due to JOINT VENTURE.but after joint venture company purchases material,then invoice issued by parties in old name.
and telephone & electicity bill and some other exp. also issued in company old name.can any problem to company for claiming these expences.

20 April 2009 Auditor may insist to be billed by New name only.

But pracitcally you bill is being raised in old name.

There is no harm. But u as a co. have to intimate all the parties to raise the bills in NEW NAME ONLY, otherwise payments won't be proceed.

20 April 2009 Auditor may insist to be billed by New name only.

But pracitcally you bill is being raised in old name.

There is no harm. But u as a co. have to intimate all the parties to raise the bills in NEW NAME ONLY, otherwise payments won't be proceed.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries