prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 10 January 2020
What document Director has given to company instead of Sales Invoice of Car as documentary evidence ,when he sold his car to Company ?,
prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 12 January 2020
My question to Anonymous is no documentary evidence is needed from Related party to enter transaction in to Books of Accounts and for Audit purpose .
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6511 Points)
Replied 05 April 2023
Now that you have an idea about all the documents that you will need while selling a car, let’s deep dive into it. All the documents can broadly be classified into three categories:
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 05 April 2023
Car will be purchased by a company. Why would anyone need documents. Remember the business entity concept? Director is director and business is business.
CAclubindia
