unutilised incentives
This query is : Resolved
19 January 2009
we are manufacturing company,exporting to various countries agst advances licences.we could not utilised all import benifits which were shown in balance sheets to show it healthy.is this treated as income?pl.help me
19 January 2009
The incentive cannot be part and parcel of revenue, because it is a specifeid purpose, only you can utilize to settel the export related duties.
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
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- TDR receipts for agreement holder
- Applicability of Ind As to associate of associate
- Filing of Form 10BB instead of Filing Form 10B
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Disallowance of Section 43B(h) to sez units
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- 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
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
Trending Online Classes
CAclubindia
