a x company deduct tds against our bills so how i entry this
type of transaction in talyy 9.0 ?
Entry of TDS deducted is normally made a the time of
receiving payment and not at the time of booking the bills
in tally. Following entry is done:
Bank A/c Debit
TDS Deducted A/c Debit
To Party A/c Credit
| Is This Answer Correct ? | 3 Yes | 1 No |
what is cst and what is rate of cst in 2010
What are the exemptions from salary
10 Answers Influx Info Solutions,
What is "E1 Form" ? what are the types in that? why it is used?
please explain me in brifly how to file monthly TDS challan for a company? e.g. if i deduct tds from all various bills of contractor in a month so this all total tds amount credit towards tds account?
1 Answers Overnite Express, Spectrum Engineers,
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the company from employee account or not.
what is present rate for excise duty & service tax for f.y 2009/10?
please tell me friends what are the formats of excise return and vat return?
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Rules Ammended for issue of C form in 2009
If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.