14 April 2016
if we r flling income tax return u/s 44AD and do not prepare books of accounts, filing profit and loss is compulsary while filing vat return. At the end we hav to maintain books of accounts. What is the remedy?
14 April 2016
VAT Return is separate from Income tax return. VAT Return base on sale,purchase and stock so both are different. P&L is not compulsory for VAT Return.
CAclubindia
