GOOD MORNING TO ALL,
HI,
where should v account MVAT paid for F.Y Rs. 25,352 --- -- in Trading A/c or P& L A/c.
thnx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx to all
Devendra
(Chartered Accountant)
(4775 Points)
Replied 22 March 2011
MVAT paid should be shown under the head Duties & Taxes.
Regards,
Devendra
sunita
(study)
(40 Points)
Replied 23 March 2011
hi devendra thnx for ur rply
pl confirm that shd i show it under liability or trading or p&l a/c.
thnx
Devendra
(Chartered Accountant)
(4775 Points)
Replied 23 March 2011
MVAT Paid - Sub Group Duties & Liabilities, Duties and Taxes under Current Liabilities.
Regards,
Devendra K
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961