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 |
At what point excise duty is accrued
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
can I avail interest paid and repayment of Loan taken from friends for construction of House property. if so under what section of Income tax Act
waht is Entry Tax ? how to sett of vat?
what is tax deduction on monthly salary
1 Answers Genpact, Manufacturing, MNC,
on which amount have to issued form C ?, when cash discount is also given in the bill after CST amount as, Sales valve+CST - cash discount.
What is the differance between Direct Tax and Indirect Tax?
i want know central excise duty codes with cess?
Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-
The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
Penalty if TDS Returns not submitted on time?
How To Calculate Gross Sales for vat return -15