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This query is : Resolved

M VENKATESH (Querist)

11 June 2014 sir iam the partner of andraparadesh based firm now the state will bufiricate we have the branch in telnganga we are rigster the both of states vat registrtion no s alloted
it s not a private limited company it is only partner ship firm the company have same name in the both states how to treated the sales and final accounts in the company. till the june 2nd and from june 2nd the how to prepare the financial accounts

Rupesh Jain

Rupesh Jain (Expert)

11 June 2014 you have register the vat number in another state also. and you can maintain the separate a/c on new state business for sale tax purpose only and at the end o of year you can file ITR combined income of both state.

Message likes : 1 times

M VENKATESH

M VENKATESH (Querist)

11 June 2014 Thank you sir for giving a useful advise

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