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

i am work in partnership firm. i recd. the bill of security charges & Labour charge contain service tax. whose amount will be taken for tds deduction befor service tax or after service tax.pls guide me what's will be the entry of these transaction.

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