Answer Posted / swadhin patra
the expenditure which is incurred in the purpose of long
term advantagious of the firm or money spent to acquire
fixed assets such as land building or machinary
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Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
example of aptitude ns
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whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
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