Interested to Buy Any Domain ? << Click Here >> for more details...
input vat and out put vat how it shows in profit and loss
account
- 2 Answers
- 9318 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
input vat and output vat never show in profit & loss account
it show in BS if amount is refundable or payable
| Is This Answer Correct ? | 18 Yes | 0 No |
Answer / mohd rayees
The input vat and out put vat it not profit & loss
transaction it balance sheet transaction so it showing in
balance sheet. In balance sheet Dut tax(Tax Payabel)
showing in Laibility side incase of tax refund it showing
in asset side. Not showing in profit and loss A/C.
Answer Wright By Mr. Mohd Rayees(09908841874)
| Is This Answer Correct ? | 7 Yes | 1 No |
A SUPPLIER FROM GUJARAT IS ASKING 15% CST AGAINST SUPPLYING OF LIFT IN PUNE (MAHARASHTRA) IS IT APPLICABLE OR NOT?
2 Answers Nitin Art Infrastructure,
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
what is fbt? and how to calculate of perks which are give by the employer to employee?
what is the rate of tax, when goos purchased from outside the state without way bill
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
PROFIT FOR THE YEAR 56000 DEPRECIATION AS PER ACCOUNT 9500 DEPRECIATION AS PER TAXATION 6350 TAX RATE 30% PASS ENTRY FOR CORPORATION TAX PROVISION.
Esic calculated on gross to be rounded to?
whether TDS should be deducted first or discount
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
can we take credit under service tax of services taken after 6 to 7 months?
I'm collecting TDS Certificate from one of our Customer for Ass. Year 2002-03 today and request IT Dept. to allow this as part of rebate to me, will they allow?? What IT Act says on this.
what is 'c' form and form 'H' and why these form used in a company. pl tell me
Audit 
