PURCHASE LABOUR CHARGE FROM R.K.DAS RS.6950AND TDSAPPLICABLE -
Answers were Sorted based on User's Feedback
Answer / bharathi
LABOUR CHARGES IS NOT COME UNDER PURCHASE - TDS IS NOT
APPLICABLE FOR THIS TRANSACTION BECAUSE IF SINGLE BILL
EXCEEDS MINIMUM VALUE OF RS.30000/- THEN TDS IS
APPLICABLE. IT IS BELOW RS.30000/- HENCE TDS IS NOT
APPLICABLE - IF YOU ARE GOING TO GET SERVICES REGULARLY
FROM R.K. DAS FOR THIS FINANCIAL YEAR IF IT EXCEEDS THE
LIMIT THEN TDS IS APPLICABLE FOR THE SAME
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / bharathi
HI NITIN, THE QUESTION IS ABOUT ONLY FOR TDS NOT ABOUT THE
SERVICE TAX
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nitin sharma
R.k Dass is an Unorganized body so service tax reverse
charge macknisem will be applicable 25% liability of
provider and75% liability of receiver (of service tax)
and entry will be
srevice
Cr R.K Das
Cr service tax payble 75% 626
Cr service tax payble e cessh 75% 13
Cr service tax payble h e cessh 75% 6
Dr service tax recerable 100% 834
Dr service tax recerable 100% 17
Dr service tax recerable e cessh 100% 8
Dr labour charges
according to the new service tax act (all fig. in round
off )
Is This Answer Correct ? | 0 Yes | 0 No |
Expand A G M
what is IRP?
While selling fertilisers can we charge VAT on excise duty.
what is minut
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
DEFINE "COMMERCE"
what is brs?
what is contigent liability and state some examples also.
Expand---------RTPS
What is Suspense A/c.?
What is promoters?
Who will be called as distributor