Request

mukesh gupta (Querist) 14 September 2010 This query is : Resolved
i am consultant in ferro alloys industry, i follow mercentile method of accounting,i raised an invoise to my client on 03/03/09, i have not received the payment.
DO I HAVE TO SHOW THE INCOME FROM THE SAID INVOICE IN MY INCOME TAX RETURNS.

please advice and about tax also

Follow Query

Report Abuse

s.subramanian (Expert) 14 September 2010
A query meant for and fit to posted in CA club.

masood ausaf (Expert) 19 September 2010
when the amount/income has not been received during the period for which the return is to be filed there is no need to mention the same in the return.

mukesh gupta (Querist) 27 September 2010
Mr Masood,

My accounting system is mercentile method pl make sure

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Member Strength 1001684 and growing..

Stay updated with latest Posts!

Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup

New users who have not received email verification mail click here to verify