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Regarding income tax, Income Tax

Issue Id: - 111653
Dated: 19-3-2017
By:- Rajeev Khulbe

Regarding income tax

Contents

Good evening sir

Very urgent query I an hare again to get your valuable answer.We have purchased a proprietor firm 1.30 Cr with all assets & liability and we carry forward all assets & liability in my books but we don't understand how show the stock in books and we have 11 cr stock now my query is if I show stock through purchase so came loss in my books pl reply which is the way to book stock and don't book loss

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