TaxTMI 
TaxTMI 
Stock held by Consignment Agents
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....tock held by Consignment Agents<br> Query (Issue) Started By: - JOHN SHANNEL Dated:- 3-6-2011 Last Reply Date:- 27-6-2011 Income Tax<br>Got 3 Replies<br>Income Tax<br>We transfer goods on F Form to ou....
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....r Consignment Agents. Should we show the stock in Company's Closing Stock. John Shannel Reply By Vivek anandhan: The Reply: Yes, You must show in closing stock. When sales transacation not done it ....
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....should be considered as a stock. Reply By Ram Chandra Khichar: The Reply: Mr. John Shannel whenever you sale goods against F Form, you cann't show in stock in your books because it's a kind ....
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....of sale so your consignee againt show in stock in his books Reply By Ram Chandra Khichar: The Reply: We you are dispatch material to consignment againt against f form it mean these are your goods st....
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....ill againt does not sale of goods so it must be reflect in your books as closing stock<br> Discussion Forum - Knowledge Sharing ....