Isn’t Vendor’s bill sufficient?

 

A big

As how can you know while checking it by yourself and Auditing  –

 

The concerned party has claimed ITC or not ? or if it all goes in expenses.

If claimed, hasn’t taken ITC C or S in I or…ITC I in C or S ?

If TDS has been deducted or not ?

Which section’s TDS has been deducted or wrongly deducted 2% TDS rather than 10% TDS or vice-versa ?

0.1% has been deducted or not ?

If you have printout it’s easy to check,understand and approve the Audit.

 

For more such information listen the video below by – Mr. Sangeet Kumar Gupta, F.C.A and Co-founder of Finsys .