Income tax & vat
This query is : Resolved
26 May 2018
We have accounted the Interstate Bills dated 31.03.2017 in April 2017.
But for 'C' form purpose we have taken the details in Annexure IA and filed in March 2017 in VAT return.
What can we do? Pl give solutions for VAT & Income Tax.
But for 'C' form purpose we have taken the details in Annexure IA and filed in March 2017 in VAT return.
What can we do? Pl give solutions for VAT & Income Tax.
26 May 2018
Your query is not cleared...
As per above both are under same FY...
Then what is Your Doubt?
26 May 2018
Sir in Books of accounts we have accounted in April 2017, because we have recd the materials only on 01.04.2017. As the bill is for the month of March 2017, for 'C'Form purpose we have shown the bills as interstate purchase in the month of March 2017 itself. We have not taken any purchase for income tax in the month of March 2017.
26 May 2018
If You are shown the bill in Your VAT return then You must account the Bill in March itself (FY 2016-17)...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Copyright software
- Value of property in capital gain
- Regarding appeal to GSTAT
- Form 121 & TDS deduction
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
