dear sir/ma'am,
I am engage in business of cleaning of agro products.
1) All products are packed in Plastic Bag. Often packing bag is torn. So there is a little gap between the packing material stock and the actual on the book. how to show shortage or gap between actual stock and on book stock as?
2) is there any limit of sorts or loss of raw material or packaging material show on accounting book by income tax?
3) how much sorts of dust,stone,husk ,other material allowed by income tax for food grading and cleaning industries?
CAclubindia
