as per Material Delivery note Steel received on site on 3 Apl`08 but bill was dated at 28 Mar.`08.Is there any problem to book the expenses under 31 Mar`08. i m little bil confused
ANSHUMAN KHANDELWAL (JOB) (311 Points)
04 April 2008as per Material Delivery note Steel received on site on 3 Apl`08 but bill was dated at 28 Mar.`08.Is there any problem to book the expenses under 31 Mar`08. i m little bil confused
C.rajesh
(Articles)
(1392 Points)
Replied 04 April 2008
no confusion the expenses can be booked on 31st itself
CA. Kirti S. Ganatra
(Service)
(1461 Points)
Replied 05 April 2008
No, Problem if it is Raw Material. Show also in Closing Stock as Material in Transit
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India