GOOD MORNING TO ALL,
HI,
where should v account MVAT paid for F.Y Rs. 25,352 --- -- in Trading A/c or P& L A/c.
thnx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx to all
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treatment of MVAT
Replies (3)
MVAT paid should be shown under the head Duties & Taxes.
Regards,
Devendra
hi devendra thnx for ur rply
pl confirm that shd i show it under liability or trading or p&l a/c.
thnx
MVAT Paid - Sub Group Duties & Liabilities, Duties and Taxes under Current Liabilities.
Regards,
Devendra K
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