Return entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2011 Assessee has received payment of Rs. 5208526.00 and has done billing of Rs. 2153862.00. Now while making his return how to show the same in Payable-Quart-Service(1).

I am showing 5208526.00 in the Service Tax Payable coloumn and 2153862.00 in Gross Amount Charged coloumn but it showing error.

Please help me in this regard.

Thanking You.

ADVOCATE CA MOHIT SURESH GUPTA

ADVOCATE CA MOHIT SURESH GUPTA (Expert)
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12 October 2011 service tax payable shall be 10.30% of gross amount. you have to calculate the st with reverse calculation on 5208526/110.30*10.30 for the service tax payable

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2011 Dear Sir,

That is not the problem. I have done this calculation.

What i am asking you is where to show the amount of bill made and tax payable thereon in the return.

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2011 Dear Sir,

That is not the problem. I have done this calculation.

What i am asking you is where to show the amount of bill made and tax payable thereon in the return.