Easy Office
LCI Learning

Regarding vat refund

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 December 2013 there was a vat refund of rs.50000 in a.y. 12-13. in a.y. 13-14 there was a vat of rs. 40,000. would the vat amount be set -off against refund and net refund to be shown in balance sheet asset side?
Profile Image

CMA. CS. CA (Final)Santosh Jha

Profile Image

CMA. CS. CA (Final)Santosh Jha (Expert)
04 December 2013 YES YOU CAN DO THAT

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links