Sir I want to know for the accounting year 2017 _2018 , if i sold goods
to 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
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Cash receipts for sales made
Replies (4)
Actually the payment will be disallowed as expenditure to the purchaser.
if we make receipt below 10000
Event remains same. As I said, you, on receiver end, will not face much problem as total amount is about 50K.
Thank u sir
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