28 December 2016
prasad kilari CA - PCC,CWA-Inter Follow Hi sir/Madam, I am running prop. business in bangalore i have a situation that in FY2014-15 couple of months i have filed Vat 100 as a nill return but in that months i have both output and input and i have shown in Vat Audit 240. Now my file has got scrutiny and they have send demand notice stating that the department has taken vat 240 out put and they left input and asking for tax payment . so please help me out to solve this transaction currently my file is in Division they were telling to go for tribunal so as per my business there is no leakage of revenue and i have shown clealy in VAT 240 but they were considering only Output and excluding Input please help me out ASAP
CAclubindia
