Contract Receipt

Others 371 views 1 replies

Dear all,

I have received an cheque on behalf of contract, pls. tell me wheter it is taxable or not, as the income comes after completion of some percentage of work

Replies (1)
Yes, i think in ACCOUNTS, AS 9 deals wid d same... And income tax too, such income is chargeable


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register