EASYOFFICE

Non payment to supplier

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 June 2013 I have purchased some assets in the year 2005 and capitalised in my books of account
but payment has not been made till now because of dispute
now i want to write off that amount in supplier
what accounting entry to be passed and what is tax implication
please help
Thanks in advance
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
19 June 2013 You can write off as showing other income

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


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links