Interested to Buy Any Domain ? << Click Here >> for more details...
1. we pay rent of Rs:62500/= for that we deduct tds =6250.00
and the landlord claim service tax 6437.10(62500*10.3/100),
we normaly paid on 05th of next month. My Question is
1. What is the Journal Enrty for this
2. Journal Entry when at Payment of TDS
Please help me
Regards
sakthi
- 6 Answers
- 16750 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sanjeev kumar sharma
by rent a/c 62500/-
by Service Tax Credit 6437/-
to bank A/c 62687/-
to TDS Payable 6250/-
--------------------
68937/- 68937/-
====================
| Is This Answer Correct ? | 31 Yes | 4 No |
Answer / gulerahim patni
JV(1) Dr Rent A/c 62500/-
Cr Landlord A/c 56250/-
Cr TDS Payable A/c 6250/-
JV(2) Dr TDS Payable A/c 6250/-
Cr Bank a/c 6250/-
| Is This Answer Correct ? | 15 Yes | 8 No |
Answer / amit kumar
by rent a/c 62500/-
by Service Tax Credit 6437/-
to bank A/c 62043/-
to TDS Payable 6894/-
--------------------
68937/- 68937/-
====================
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / nitesh kumar prasad
by rent a/c 62500/-
by Service Tax Credit 6437/-
to bank A/c 62687/-
to TDS Payable 6250/-
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / archana rao
JOURNAL ENTRY IS
Rent A/C dr. 62500
to Landlord A/c cr. 62500.
JOURNAL ENTRY FOR TDS
Landlord A/c dr. 62500
To TDS A/c Cr 6250
To Bank A/c Cr 56250
| Is This Answer Correct ? | 3 Yes | 5 No |
There is a sales return in the month of April'09, we didnot take input credit for such return. shall it possible to take now? what the time limit to take such sales return input credit in VAT?
we can cash slase above 20000? and if party pay the above 20000 we can give the recipt.
reverse charge applicable here and sr is liable to pay service tax 100% and service provider gives service rs 114 (inclusive tax).then tell me amount payable to service provider?
what is the rate of (194h) TDS
what ate the difference between tds and income tax and which form is used for deposit tds and income tax.give me detail infromation about this question.
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
TDS Reimbursment? Iam 2 tipper owned small transporter and TDS diduct in my transport bills. can any body tell me how can i reimburse my TDS and what are the procedure for reimbursment and what are forms, papers to be required, tell me please.
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
if a product arrives to us at mrp price of 205 and vat percentage is 12.5%, how to bill for the customers
If a contractor received the service tax amount from client and he also purchase the machinary which is used in construction, than can he adjusted of service tax amount to excise duty amount of machinary?
WHAT SHOULD I DO IF TDS IS YET TO BE DEPOSITED BUT PERTAINS TO MAR,09 (LAST FY) THE THING IS THAT ACTULLY BILL WAS RAISED FOR THE M/O MARCH 09 IN MAY09. AS THE BILL PERTAINS TO LAST FY YEAR AND LAST DATE FOR TDS RETURN HAS GONE 15.06.09. WHAT ARE THE SOLUTIONS PLS HELP ME OUT
2 Answers Chartered Accountant,
what is assessment year and previous year ?
50 Answers Bank Exams, Chartered Accountant, ICICI, SSC, TATA,
Audit 
