vat amount payable in financial year 2010-2011 Rs. 25000.00
but we paid Rs. 35000.00. This exces payment will be
carried in next financial year?
Answer Posted / sreenivasulu
the excess amount paid towards VAT (i.e.10000) can carry forward to next financial year. But, while paying the VAT in the year 2011-2012 the excess amount is to be written-off from the amount payable towards VAT.
Is This Answer Correct ? | 20 Yes | 1 No |
Post New Answer View All Answers
If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion
tds will be charged by hotel industry on what
Define deferred tax liability?
What is Vat and how it is adjustable with input vat and what return form required for DVAT?
Service tax applicable or not for Govt Guest House contract work.
About vat, service tax, tds, cenvat
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
i dont no what is tcs and tds what the use and how to calculate Tcs&Tds
Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana
What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)