Vat payable by builders.

This query is : Resolved 

24 October 2012 I am calculating vat payable by a builder from 2006 to 2010. Should I take actual purchases as per Income Tax return or take purchase proportionate to the area sold(Flats sold)? Sir/ Madam can you please give me your email ID or contact number so that I can contact you in case of difficulties.

25 October 2012 For calculating set off subject to rule 53 total purchases are to be consider.
9850350854.



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