Regarding School Recognition fee
This query is : Open
02 February 2024
We are running a school, paid fee to Govt for school recognition fee, under which head we update in tally direct exp or Indirect exp . Whether we consider it as rates and taxes under indirect exp.
Pls helpus
Pls helpus
02 February 2024
You can account the fee in direct expenses...
No, It's not a Duties & Taxes head.
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