Input tax credit
neeraj tiwari (accountant) (25 Points)
26 October 2016
why is it input tax credit (why CREDIT?)
neeraj tiwari (accountant) (25 Points)
26 October 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 27 October 2016
What else can it be!! When you can avail it as amount which can reduce your tax liability, what any other name you suggest?
A query: Why bank balance in your savings/current account is called CREDIT Balance?
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
