PAYTM Query

156 views 2 replies
User Avatar

344 Points Joined July 2017
Hello All Experts,

Please suggest :-

1) Where to Show Paytm figures in Balance Sheet of Proprietorship business

2) What will be the Treatment of Cash Back received from Paytm.

Regards,

Nitin.
0 Reply Share Follow
On 11 May 2020 at 19:14 Report
Replies (2)
User Avatar

86 Points Joined August 2019
Hi..
1. show paytm figure as cash and cash equivalents
2. treat as other income or reduce from the pertaining expenditure . Both treatment will be ok

Thanks
CA.Tushar Makkar
2 Reply
On 11 May 2020 at 20:00
User Avatar

Chartered accountant
290 Points Joined July 2010
I agree with Tushar
Reply
On 15 May 2020 at 11:08


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading