CA Day celebration 2024 Easy Office
LCI Learning

Purchase of jewellery

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 January 2013 Mr. A buys jewellery on Dhanteras and gets discount of 10% on purchase. What will be the treatment of discount in accordance with the Income Tax Act?

Profile Image

Guest

Profile Image

Guest (Expert)
03 January 2013 Book the jewellery at discounted which shall be the cost of acquisition.



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query