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FED Adjustment/ Claim
01-29-2011, 05:20 AM
Post: #1
FED Adjustment/ Claim
Dear All Frnds,,
Asalaam o alaikum

I hv a query regarding subject matetr. pls see the below detail.

A company falling in LTU nd involve in chemical manufacturing business, the company also made taxable purchases (used in fin goods manufacturing) as well as purchases fixed assets. this is the matetr dor the period july 20x8 to june 20x9.
After a detail testing, it is observed that;

1) The company is not adjusting the input on fixed asset in monthly return.
2) The company is not mentioning the Input and SED/FED in the monthly stock statement.

My dear frnds, How can ve resolve this matter.

kindly comments


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