HELLO FRIENDS, IN CASE OF PROFESSIONALS COACHING INSTITUTE OF IELTS ETC. WHETHER IT IS NECESSARY TO FOLLOW CASH BASE OF ACCOUNTING OR WE CAN ALSO FOLLOW MERCHANTILE BASIS OF ACCOUNTING ALSO.
IF BOTH WHAT IS THE BETTER OPTION. PLS. TELL.
RAJ KUMAR (FINANCE MANAGER) (1393 Points)
24 February 2011HELLO FRIENDS, IN CASE OF PROFESSIONALS COACHING INSTITUTE OF IELTS ETC. WHETHER IT IS NECESSARY TO FOLLOW CASH BASE OF ACCOUNTING OR WE CAN ALSO FOLLOW MERCHANTILE BASIS OF ACCOUNTING ALSO.
IF BOTH WHAT IS THE BETTER OPTION. PLS. TELL.
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 24 February 2011
i think only cash system is allowed because you dont know how many students will admit to your coaching class only at the time of recipt we have to pass the entries...wait for experts...
| Originally posted by : Siddharth Bumb | ||
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i think only cash system is allowed because you dont know how many students will admit to your coaching class only at the time of recipt we have to pass the entries...wait for experts... |
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GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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