Cash receipts for sales made
chandramohan raob (accountant) (106 Points)
01 April 2017to xyz on credit for rs 50000 whether i can make receipt say 19000, 19500,11500 the party is not making neft what to do sir
chandramohan raob (accountant) (106 Points)
01 April 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182282 Points)
Replied 01 April 2017
Actually the payment will be disallowed as expenditure to the purchaser.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182282 Points)
Replied 01 April 2017
Event remains same. As I said, you, on receiver end, will not face much problem as total amount is about 50K.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961