Advertise With Us

    GST Liability on Disputed rent income

    Posted By : Taccs / Published on : 04-Nov-2021 12:26 PM / View : 184 / Comment : 0

    Print button
    Due to lack of Rent contract agreement  with the Lessee the disputed Amount of rent was offered as Income in the Previous years 2yrs. However no invoice was raised for it.

    Query :

    are we liable to pay gst for the previous 2 yrs. 
    Can we avoid offering it as accrued income in the current year on the grounds that the amount is disputed and no contractual agreement is signed.
    Read more on : income rent disputed liability

      Please Select File:



    Other Queries from Taccs
    What's New on

    Unanswered Queries
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in