Sales returns
This query is : Resolved
rangarajanr2000
(Querist)
18 May 2008
The assessing officer has added to income sales returns disallowed by sales tax authorities. Any case law to agitate the issue
CA Hemant T Dewani
(Expert)
19 May 2008
sales tax authorities disallowed slaes that is you will not get set off on sales return goods not on sales you will pay taxes on ales when you against sales made
KAUSTUBH M JOSHI
(Expert)
19 May 2008
Sales return disallowed by STO means that assessee has to pay the tax collected on sales side & return of the specified goods will not be constraint as they may be out of general time lag or to the satisfaction of STO. IT has nothing to do with that, you have to only prove that the goods are really returned by the customer & no amount is realisable from such sales.
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