CAN YOU TELL ME IF ANY CLIENT GIVE PAYMENT ONLY OF AMOUNT OF BILL WITHOUT VAT AMOUNT.IN THAT WHAT SHOULD I OBLIGATION AGAINST THAT. and second case when he doesn't give neither bill amount and neither vat.
Menu
QUERY
Replies (3)
FOR YOUR SECOND CASE IST THING YOU HAVE TO PAY THE OUTPUT TAX EVEN IF YOU HAVE RECIEVED ANY AMOUNT OF VAT OR NOT BCZ U HAD ISSSUED TAX INVOICE SO TO PAY OUTPUT TAX IS YOUR OBLIGATION 2ND THING FOR THE LOSS YOU HAD BARRED BCZ OF NON PAYMENT, FOR THAT YOU HAVE TO REPORT FIR AGAINST THAT PERSON AND AFTER THAT YOU CAN CLAIM THE TOTAL AMOUNT AS YOUR EXPENSE.
Is there any case law related to sec 85 of the westbengal vat act 2003.
Is there any case law related to sec 85 of the westbengal vat act 2003.
Recent Threads
- ITR-2 Payment Made but Status Not Updated
- Need help for ITR filing
- ITR Updated returns. Time limit for filing
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
Related Threads
CAclubindia
