Interested to Buy Any Domain ? << Click Here >> for more details...
Any body give journal entry for this
PURCHASEA/C DR 500
S.TAX 50.0
SUNDRY CREDITOR 450.00
AND
Which amount i taken in purchase ledger
and which amount i taken in s.Tax ledger
and which amount i taken in sundry creditors ledger
wat are the details i require to maintain with regard to
submitting of s.Tax return
- 3 Answers
- 5272 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
You had purchased for Rs. 500.
Purchase Amt - 450
S.Tax 50
-------------------
Total - 500 (Sundry Creditor)
=======================================
If, my thinking is correct, then the entry will
Purchase A/c. Dr. 450
S.Tax A/c. Dr. 50
To. Sundry Creditor A/c Cr. 500
(S.tax debited because you are going to claim set off of S. Tax. otherwise total amount will debited to Purchase Account)
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / neeraj goyal
If assessee claim than S.T. Then
Purchase 450
S.T. 50
To creditor. 500
If not claim of ST than
purchase. 500
To creditor 500
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / guest
in purchase ledger by s.tax 50.0 and by sundry creditor
450.0
in s.tax ledger to purchase 50.0
in sundry creditor ledger to purchase 450.0
| Is This Answer Correct ? | 0 Yes | 4 No |
Pls. any body tell me the limit of deduction available under the all head of deduction seperately.
what is procedure of calculation of TDS by bank?
how esic be calculated? On basic salary or earned salary? If i have gave advance salary to an employee in last month then how should i deduct the salary take an example if salary of an employee is Rs. 4750 and i deduct rs. 83 as esic contribution in current month if i've gave 83 in advance in last month then how much money exactly i give him. means esic cut on 4667 or 4750?
What are the capital gains exempt from Tax?
Making delivery challan is possiable between two branch of difference code
i am proprioter of firm can i use my tan firm & personal
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
when will submitt the c form and what is the percentage?and also hearing details?
how to calculate tds on professional fees, salary and services
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
when submitted ER1 by online that time by mistake wrong opening balance selected & returned is submitted .what to do
5 Answers KEC, pms precision engineers, Proton Power Control,
what is the rate of exices in haryana
Audit 
