Interested to Buy Any Domain ? << Click Here >> for more details...
how to make the entry....???
sumit got salary 20000 & charge 10% tds on his salary..
- 4 Answers
- 6012 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / roshan rai
1. salary a/c dr. 20000
To Sumit 18000
To Tds@10% 2000
( being due salary to sumit)
2. sumit a/c dr. 18000
To Bank/cash 18000
(being salry paid to sumit)
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / pravin choudhary
Salary a/c Dr. 20,000.00
To Bank/Cash a/c Cr. 18,000.00
To Tax Deducted at Source a/c Cr. 2,000.00
(BEING SALARY PAID TO SUMIT)
Tax deducted at source a/c. Dr. 2,000.00
To Cash/Bank a/c. Cr. 2,000.00
(BEING TDS DEPOSITED INTO THE BANK.)
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / akshay kumar
salary ac dr 20000
to sumit ac cr 18000
to tds @ 10% cr 2000
sumit ac dr 18000
to cash/bank ac cr 18000
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / aniljha4u
Journal Entry Book in Company A/C
Date Particulars L.F Dr Cr
31-Mar-12 Salary 22222
TDS Payable 2222
Bank 20000
Being got salary 20000 & charge 10% tds on his
salary )
| Is This Answer Correct ? | 5 Yes | 8 No |
My client was sold his residencial flat before few days they will not decide investment in another residential flat what can he invest the money without any tax liability? Can he open capital gain account and will he invest in resident plot in future ? what will exact planning?
why is service tax set off is consider while calculating wct tds
Define assessment year.
Where we show the brought forwarded losses in the Balance Sheet?
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/-
WHAT IS THE RATE APPLICABLE WHEN INTER STATE PURCHASE FOR SAMPLE SALE? C FORM ISSUE OR NOT IN PURCHASE TRANSACTION?
Rules for filling Income Tax return for a domestic manufacturing company.
0 Answers Construction, Ranbaxy,
what do you mean by tds
hi i want to know that what r all the component which r applicable for tax in salary,whether it is payable or reimbursement
witch one is the best book of Tax preparation tell me as soon as waiting for ur reply .
plz tell me calculation of service tax and tds. point by point
hi how much deducted tds on intrest,rent,contract, subcontract, what is the new rat of tds?
Audit 
