Dear All,
kindly suggest the treatment of fix3d assets which are in transit as on 31st March.
TRANSIT DOESNT MATTER.
DATE OF INVOICE MATTERS.
IF ON OR BEFORE 31 MARCH THEN IN 17-18
IF INVOICE DATE IS AFTER 31 MAR THEN IN 18-19
Nischal Mittel (43 Points)
18 September 2018
Sudarshan Sarda
(CHARTERED ACCOUNTANT)
(241 Points)
Replied 18 September 2018
TRANSIT DOESNT MATTER.
DATE OF INVOICE MATTERS.
IF ON OR BEFORE 31 MARCH THEN IN 17-18
IF INVOICE DATE IS AFTER 31 MAR THEN IN 18-19
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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