Answer / akhil gupta

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

if company have receivables Rs 50000 & payables Rs. 65000 then what will be current ratio ?

1 Answers  

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what is GDP

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What is the invoice procedure for scrap material, which was received from our customer as sales return/warranty

3 Answers   Adani,

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A is a seller from Hyderabad and Bayer is also from Hyderabad. can issue the c form?

2 Answers   CTS,

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why is service tax set off is consider while calculating wct tds

0 Answers  

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Please anybody tell what is a entry for Sales Tax & Income Tax refund received.

2 Answers  

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When a company sold the material to is customer which is at another state under Form-C his bill was pertaining to first quarter but the customer received in second quarter. The customer will issue Form-C as per Invoice date or Material Received date.

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What is the difference between excise & service tax?

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what is VAT?

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what do you mean by fringe benefit tax???

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Can anyone please tell me how to account TDS RECEIVABLES. (In Receipt entry is it possible to show the break up of TDS deducted & balance payment recd in single entry

2 Answers   TATA,

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What is Sec 10A under Income Tax.

1 Answers  

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