tax on inward remittance before closing of fin year

This query is : Resolved 

20 March 2009 I have a propritership company involve in export of good and services.Could you please let me know if I receive any remittance in F.E. in the month of March and the supply of goods and services will be executed in April .Is there any tax liabilty on the inward remittance.

24 March 2009 Treat it as advance and deal accordingly.



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