INPUT CREDIT


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 June 2010 SIR
I HAVE A COMPANY WE PROVIDE 2 SEPERATE SERVICES.

1. THERE IS AN INPUT CREDIT OF RS 40 FOR 1ST SERVICE IN THE END OF THE MONTH.

2 THERE IS AN AMOUNT OF RS 100 PAYABLE FOR 2ND SERVICE IN THAT MONTH.

NOW THE QUESTION IS WHETHER WE CAN ADJUST THE INPUT CREDIT OF RS 40 AND PAY ONLY RS 60 FOR THE SECOND SERVICE.

28 June 2010 YES

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 June 2010 Thank you Sir. But the department says you can not adjust this. So is there any rule or section to justify our stand on this adjustment.

Thanking You

29 June 2010 The department's stand is not supported any law.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details