Answer / yash r p

If provision entry made at the year end

Provision for Income Tax... Dr
Income Tax Refund.... Dr
Advance Tax... Cr
TDS.. Cr
Int. on Income Tax refund...

Receipt Entry
Bank A/c... Dr
Income Tax Refund

before passinf entry refere the assessment order

WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.

0 Answers  

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If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?

0 Answers   iNova,

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CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.

0 Answers  

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1)How to calculate HRA in Income tax 2)Kindly give me Item list applicable for Tax deduction with their Amt limit and section (Ie Lta,grautity)

0 Answers   Hero Honda,

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What is Profession?

3 Answers  

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All Taxation Questions

0 Answers   Airtel,

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how to calculate vat?

2 Answers   Jaypee, Maruti Suzuki,

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i forgot to deduct tds in Contractor non corporate in july 15 so what should i do now? Please Suggest.

3 Answers   Mahindra Holidays and Resorts India MHRIL,

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what is the under group of tds payable. when deducted tds on salary.

3 Answers   Deepak Enterprises,

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WHAT IS THE RAE OF TDS ON PAYMENT TO CONTRACTOR INA CASE OF COMPANY & IN CASE OF INDIVIDUAL?

3 Answers   ABC,

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What are the present rates of Vat, Tds & Service Tax?

16 Answers   Genpact, IBM, Medical,

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Cst 1% is applicable for which state in india/

1 Answers   Fresho,

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