Accounting treatment for un accounting sales
Kollipara Sundaraiah (B.com) (2963 Points)
15 January 2021question:
dealer accounting treatment in books in gst and I t.act for un accounting sales turnover.
Kollipara Sundaraiah (B.com) (2963 Points)
15 January 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 16 January 2021
Hi you have to reconcile the sales value first, then, apply gst over it. I don’t think it act is needed here if you have not filed already.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)