To do After VDS

  • The VAT deducted from the suppliers shall be disclosed as increasing adjustment under note 24 of the VAT Return ( M 9.1 );

  • The VAT payable on Office rent shall be disclosed as increasing adjustment under note 27 of the VAT Return ( M 9.1 );

  • Separate treasury challan may be required for these two categories of increasing adjustments, but not mandatory;

  • If you have enough closing balance in the Mushak 9.1, a new treasury challan may not be required.

To do After TDS

  • Deposit to the Govt. treasury within 02 weeks of the next following month (except for June);

  • Issue certificate to beneficiary well in advance before he submits his annual tax return.