how to record journal entry for tds on salary on quarterly
basis?
Answer Posted / n.chandra shekar
salary a/c dr 30000
To salary payable 25000
To tds 5000
salary payable a/c 25000
To cash/Bank 25000
tds a/c 5000
To cash/Bank 5000
Is This Answer Correct ? | 15 Yes | 0 No |
Post New Answer View All Answers
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
Hellow this is ravindra wanted to know about excise duty rates pls suggest
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
What is Labour Cess? Pl. define. & what is rate of Labour cess.
Deferred taxation is a part of which equity?
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
what is cenvet credit in vat.
Explain deferred tax asset?
What is the procedures for withdrawing of form C?
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?