Rinkuu Dutt (manager) 11 August 2023
I AM SELLER ON AMAZON.IN, i sell footwear on the marketplace. Around 5% of the return that we received damaged or wrong products. And around 1% of our return get lost. We raise claim ageist these wrong return, lost item and get reimbursed by amazon.in. How do we show these reimbursement amount in our account books
P. Venu (Advocate) 11 August 2023
The querist suggests no legal elements.
T. Kalaiselvan, Advocate (Advocate) 11 August 2023
You can give the same reason i.e., reimbursement of compensation made towards the loss already suffered in the trading/business.
Dr. J C Vashista (Advocate ) 12 August 2023
Consult your Chartered Accountant.
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