16 August 2010
Original sales happend in Feb-10(2009-10) and sales return happend in July-10 (2010-11). Can it be possible to adjust this sales return in the TN vat July-10 return.
Is there any condition like last year sales return should not be adjust in the next year.
i know that sales return adjustment is possible for six months from the date of invoice. kindly clarrify whether i can adjust this return in my july-10 return or not possible.
It is correct you can adjusted the sales return up to six month of that sale . so you made sale in he month of feb'10 and you can adjust this tax in the month of july'10.
CAclubindia
