can previous year be greater than a period of 12 months??
Answer Posted / ravi chandel
yes
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'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
calculation of Tds on subcontractor
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From Karnataka,while sending material out, which are all the states required Form 38?