income tax refund
Amit Gupta (navi mumbai ) (152 Points)
07 June 2018
what is accounting entry of income tax refund in case of proprietor Business?
4 Replies
Bibek jaiswal
(Accountant)
(528 Points)
Replied 07 June 2018
Income tax refund amount will be adjusted with Capital account and interest earned on income tax refund shall be treated as income
Amit Gupta
(navi mumbai )
(152 Points)
Replied 07 June 2018
sir
one more doubt
can we claim igst purchased from non resident?
one more doubt
can we claim igst purchased from non resident?
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