Hello,
Partnership firm sold a car (used in business). It was registered on one of the partner. the car wad sold in LOSS.
My queries-
1-Treament in GST
2-Treatment in accounts
3-income tax effect
Thank you
Nishant Makholia (26 Points)
21 October 2021Hello,
Partnership firm sold a car (used in business). It was registered on one of the partner. the car wad sold in LOSS.
My queries-
1-Treament in GST
2-Treatment in accounts
3-income tax effect
Thank you
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