Accrual or Payment
Divya Garg (8 Points)
29 June 2017
The salary or rent paid in a society running a school can be done on accural or payment basis?
4 Replies
Poltu Ghosh
(Job)
(1865 Points)
Replied 29 June 2017
Depends on method of accounting followed by the society.
laxman s. pandey
(an article)
(57 Points)
Replied 30 June 2017
accural basis is to be followed if it is in the hand of assesee
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