treatement of trial production earnings
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 May 2010
company was established few years ago.
bt trial production was started in march this year for 20 days.
how should this earnings be treated?
i.e whether it should be reduced from the capitalised amount or it should be treated as normal profit????????
bt trial production was started in march this year for 20 days.
how should this earnings be treated?
i.e whether it should be reduced from the capitalised amount or it should be treated as normal profit????????
26 May 2010
Treat it as normal sales or if the amount is too small, then misc income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- GST Regis.
- Tds on building rent monthly
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Disallowance of Section 43B(h) to sez units
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
