Hi
For tax liability paid through ITC of previous months, what entry will be passed in Tally ?
Because bank / cash is not involved should I create some new ledger for the same ?
Thanks in advance.
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Tally entry for tax paid through itc
Replies (3)
tax liability a/c dr
to input tax credit
to input tax credit
where to enter this entry(Whether in Journal) in tally?
Please Explain In Details
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