Sales recognition as per ind as 115
Durga Prasad (97 Points)
26 March 2021
when should we recognise sales in our books of accounts for exporting company.
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 26 March 2021
When full amount is being received then you can recognise
Durga Prasad
(97 Points)
Replied 06 April 2021
No I think as per indas 115 when control over the asset is transferred
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
