TMI BlogVat impact - Capital asset without any profitX X X X Extracts X X X X X X X X Extracts X X X X ..... As an unregistered dealer in states of Punjab Haryana if any sale is mamdeof Capital assets without any profit, what will be the tax impact from VAT point of view.DO the company needs to register it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sellf and pay taxes if any - Reply By Markesh Antony - The Reply = Sale of goods is subject to VAT. Profit motive or no profit motive does not alter the siutation. Even a chartiable institution woul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d be liable to pay vat if engaged in trading activity. - Vat impact - Capital asset without any profit - Query Started By: - Rahul Bagaria Dated:- 17-3-2009 Value Added Tax - VAT-CST - Got 1 Reply - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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