tally tax account master creation

This query is : Open 

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


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details