tally tax account master creation


25 June 2017 sir I want to know whether is it necessary to create two separate account head for input tax and output tax. or is it okay if we maintain in a single account head like 14.5%tax instead of 14.5 input tax and 14.5 output tax

25 June 2017 Yes you may create but at the time of filling return you required the details separately for input & output and at that time you have to seperate input and output manually

25 June 2017 sir isn't it the sum of credit and debit Fields

25 June 2017 Some time Sales/purchase return occur at that time there will be difference

25 June 2017 yeah. thanks a lot sir


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