Trans claims entry

21 April 2018

Trans 1 and Trans 2 claim entry in books.

Reply
Follow
Share

5 Replies

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 21 April 2018

ITC on Tran A/c. Dr
To Direct Income / Stock Cr.

Above in both the case Tran 1, 2

Saurav Dugar (31 Points)
Replied 21 April 2018

How it can be income

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 22 April 2018

Either u show it in income or less in stock

now u have any other entry for above then plz let me know

Saurav Dugar (31 Points)
Replied 22 April 2018

In both case profit will increase. and in my opinion it is not profit. No i don't have any other enter option . Thanks for replying

Pramod Dongarkar (3 Points)
Replied 15 June 2018

My opinion it is not proft. We have to adjust thru stock but I dont how

Start a New Discussion