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Sales Promotion

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(Querist)
02 January 2010 Dear Sir

A Mauuf.Unit pay Cash under table for Purchase Order.The Owner of Firm say its a Promotion of sales.Where should the cash entry accounted.

If I account as sale Promotion is it correct.Is sale prom. Direct Exp OR Indirect Exp. Please say.

Regards
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CA Vijay Kumar Gupta

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CA Vijay Kumar Gupta (Expert)
02 January 2010 In my opinion, it is commission for getting purchase order. COMMISSION IS A INDIRECT EXPS. It can be disallowed under I. T. being illegal in nature.

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