Income tax & vat
This query is : Resolved
26 May 2018
We have accounted the Interstate Bills dated 31.03.2017 in April 2017.
But for 'C' form purpose we have taken the details in Annexure IA and filed in March 2017 in VAT return.
What can we do? Pl give solutions for VAT & Income Tax.
But for 'C' form purpose we have taken the details in Annexure IA and filed in March 2017 in VAT return.
What can we do? Pl give solutions for VAT & Income Tax.
26 May 2018
Your query is not cleared...
As per above both are under same FY...
Then what is Your Doubt?
26 May 2018
Sir in Books of accounts we have accounted in April 2017, because we have recd the materials only on 01.04.2017. As the bill is for the month of March 2017, for 'C'Form purpose we have shown the bills as interstate purchase in the month of March 2017 itself. We have not taken any purchase for income tax in the month of March 2017.
26 May 2018
If You are shown the bill in Your VAT return then You must account the Bill in March itself (FY 2016-17)...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- How to reclaim rent paid on behalf of a registered person?
- Non receipt of net payment but TDS filed later and ITR revised return not filed
- TDS u/s 194IB
- Trust audit of Mumbai
- NSC interest taxability at maturity
- GST implication in case of Proprietor
- Form 26b submission
- Interest On TDS under section 201(1A)
- Due diligence of NBFC (To raise Investment from Lender)
- Difference in invoice
- Business Project report
- Regarding ITAT Appeal
- Pvt Ltd Company Incorporation and strike off
- TDS ON FREIGHT PAYMENT
- Charitable Trust Act,1950 with rules 1961 of Societies Act
- Clerical mistake in GSTR 1 entered
- Director's remuneration and RPT
- Amendment in GSTR1A
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
Trending Online Classes
CAclubindia
