whether to show gross sales or purchase or net sales or pur
This query is : Resolved
19 September 2008
when we present income tax returns , do we need to show sales at gross or net ( excluding vat, excise, services tax) in the profit and loss a.c. if we show gross for both sales and purchases, what abt vat libaility which otherwise would have come as payable under current liabilites in balance sheet.?
can anyone throw light as to what is the right way to present accounts both income tax purposes and roc filing
can anyone throw light as to what is the right way to present accounts both income tax purposes and roc filing
20 September 2008
PLease indicate the status (costitution) of the assessee.
20 September 2008
assessee is a private limited co and another is proprietory concern
08 February 2009
excise duty is certainly to be included. As far as vat & service tax is concerned, pl check if after inclusion of these turnover excees 40 lacs than it should be included else it does not make any difference
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Relief u/s Section 89
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
