TREATMENT OF EXPENDITURES

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....REATMENT OF EXPENDITURES<br> Query (Issue) Started By: - S.C. WADHWA Dated:- 4-9-2014 Last Reply Date:- 24-10-2015 Accounting - Auditing<br>Got 2 Replies<br>Companies Law<br>A company developed cyclin....

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....ders for getting packing materials. These cyclinders costs us &#8377; 70000/- These cyclinders are in possession of suppliers. As and when will order supplier for packing materials, he will supply th....

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....e packing materials made using such cyclinders. Query is In which head we should book such cyclinders, keeping in mind that such cyclinders has not entered the premises of company i.e. same is in po....

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....session of supplier. Reply By MARIAPPAN GOVINDARAJAN: The Reply: For which purpose the query is raised? For income tax purpose or central excise purpose? Reply By S.C. WADHWA: The Reply: Dear Expe....

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....rts, For Income tax purpose. Regards, WADHWA<br> Discussion Forum - Knowledge Sharing ....