Bill received after the end of fy

Vikas Aggarwal (CA ) (207 Points)

11 July 2012  

FACT OF THE CASE 

CONTRACTOR ISSUE A BILL FOR THE PERIOD 01/03/2012 TO 31/03/2012 IN APRIL 2012

SURELY WE HAVE TO BOOK EXPENSES ON PROVISIONAL BASIS ON 31/03/2012

BUT WHAT ABOUT SERVICE TAX INDICATED IN BILL,CAN WE TAKE THE CREDIT OF THE SAME IN MARCH 12,REMEMBER BILL RECEIVED IN APRIL12

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