Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

HOW TO CALCULATE INPUT TAX CREDIT (ITC) ?

Answer Posted / gulzar

Input Tax credit = (VAT paid on Purchases - VAT on Purchase
return)

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Wha is difference between expenses and expenditure

1811


how to pass journal entries for reverse tax on input tax paid

2709


when receieve cheque from a party and we deposite cheque in bank how do this entry

5158


My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.

1389


whether allowances will be included in calculating esi from gross salary

2155


What is accounting & why it is used?

1109


Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

1864


What is dividend warrants?

1145


Tell us what is icai?

1077


What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?

1230


What is cash flow and fund flow?

1101


What is invoice processing can u explain it?

2917


pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.

2200


what is an ideal organisation

2233


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

3270