Regarding Accounts, Income Tax

[Rajeev Khulbe]

Good morning 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

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

Please contact the consultant in this regard.