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Haresh Bhanushali (Accountant) (89 Points)
20 October 2008Haresh Bhanushali (Accountant) (89 Points)
20 October 2008
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 20 October 2008
The deed should make it clear that the avertisement collections in its sovenigr is to be applied for the promotion of its objectives
Haresh Bhanushali
(Accountant)
(89 Points)
Replied 21 October 2008
In that case whether Total Receipt and Total Expenses should be given seperately in Income & Expenditure account OR we can show the net (Total Income - Total Expense) on the Income/Expense side. This will have impact on the Schedule IXC Statement of Income liable for Contribution.