WE ARE AUTHORISED DELAR OF A COMPANY. SOME TIMES WE GET CASH DISCOUNT ON PURCHASE AND ALSO GET TURN OVER DISCOUNT AND TARGET DISCOUNT. SO THE DISCOUNT RECD FROM COMPANY HAVING NO GST COMPONENT. WE SHOW AS INDIRECT INCOME?
1 Replies
CA K.Srividhya
(Chartered Accountant)
(279 Points)
Replied 18 May 2018
You can show cash discount as Indirect income.
Regards.
Regards.
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