Easy Office
LCI Learning

What would be treatment

This query is : Resolved 

20 October 2009 Respected Sir/ Madam
We have sold goods to our party in oct 08 but now in Oct 09 they have return our some material.so (i)So How to treat such entry. Should we have to revised our sale Tax Return of Oct 08, but it is difficult because to Income Tax related balance sheet also get effected from that? Plz Tell me what to do?

Thanks in advance

20 October 2009 so what?
enter it as sales return in current year. there is no question of refiling the return

20 October 2009 agreed give the effect of sales return in this years sales tax, income tax & all other returns.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query