Sanjay Dwivedi (Service) (42 Points)
01 August 2008Dear All,
We are manufacture cum traders, we provide credit note to our dealers on achivement of Sales Target.....and we book the expenses as Product development Expenses.....pls let me confirm is it covered in FBT ??
Thanks & Regards
Sanjay Dwivedi
9871530171
CA Thomas Raju Paravada
(Chartered Accountant)
(570 Points)
Replied 01 August 2008
Incentives you provide on achievement of sales target cover under FBT.
But plz consider that the expences of these type u book under seperate head not under the product development expences because some times that expenditure can be shown as asset.
Sanjay Dwivedi
(Service)
(42 Points)
Replied 01 August 2008
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Dear All, We are manufacture cum traders, we provide credit note to our dealers on achivement of Sales Target.....and reduced the balances of Dealers---------.pls let me confirm is it need to deduct the TDS from dealers ??
Originally posted by :Sanjay Dwivedi |
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| " | Dear All, We are manufacture cum traders, we provide credit note to our dealers on achivement of Sales Target.....and we book the expenses as Product development Expenses.....pls let me confirm is it covered in FBT ?? Thanks & Regards Sanjay Dwivedi 9871530171 |
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