Purchase of hotel assessee ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 February 2011
Sir,
In case of hotel assessee I have following queries :
1) Whether Purchase of Gas be booked under head purchases or under power and fuel as direct expenditure ?
2) Whether purchase of sundry items like napkins, handwash soap etc. be treated as purchases or as other indirect expenditure ?
Pls guide. Thanks in advance.
In case of hotel assessee I have following queries :
1) Whether Purchase of Gas be booked under head purchases or under power and fuel as direct expenditure ?
2) Whether purchase of sundry items like napkins, handwash soap etc. be treated as purchases or as other indirect expenditure ?
Pls guide. Thanks in advance.
05 February 2011
I think you might be keeping the gas as inventory in store ( cylender). So it is advisable to book as purchase.
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