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tally tax account master creation

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(Querist)
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
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
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
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manoj anandan

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manoj anandan (Querist)
25 June 2017 sir isn't it the sum of credit and debit Fields
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
25 June 2017 Some time Sales/purchase return occur at that time there will be difference
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manoj anandan

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manoj anandan (Querist)
25 June 2017 yeah. thanks a lot sir
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