We Paid some tax based on Sales Tax Assesssment relating to Previous Years (2003-04). Under which Head we should account ? Pl. clarify
Currently we have classified under Rates & Taxes.
1 Replies
Ramesh
(Manager - Finance & Accounts)
(92 Points)
Replied 10 November 2009
It is the Correct Head, if you account in some other heads you may have objections.
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