One bill left of purchase

This query is : Open

rajesh (Querist)
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19 December 2013 DEAR SIR,

WHEN ANY BILL LEFT OF PURCHASE IN FY 12-13. THEN WE TAKE IN FY 2013-14 IN REGARDS OF INCOME TAX.

AND ALSO WE TAKE BENEFIT OF VAT INPUT ON SAME ?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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19 December 2013 for vat u havent mention which state vat law is applicable.

for income tax yes but first book it under accunts as prior period item and should not have been taken as deduction from sales last year.

rajesh

rajesh (Querist)
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20 December 2013 DELHI VAT APPLICABLE

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