how to make the entry....???
sumit got salary 20000 & charge 10% tds on his salary..
- 4 Answers
- 4750 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 |
Tds return other than salary form.
What is difference between PAN No and TAN No
13 Answers FedEx, PM Enterprises,
If X is an Professional Employee of ABC Ltd. and earning Rs.30000 pm (TDS u/s 194J is applicable) for Taxation purpose. Car loan has been taken on his income and Car has been registered on her wife's (spouse) name. EMI going through "X"'s (an employee)Bank account. Can he show the Interest on Car Loan in his IT returns???
can we issue c form on purchase of mould and die
How to do entry for Income Tax Refund ?
IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
What is MAT stands for?
what is cst rate in india & how we it calculate
Books printing is exempted of VAT in A.P. India ? please tell
if we are going to get the refund afterwards so why we should pay in advance the excise duty? if the excise duty paid in advance then what are the benifits for the company?
Can i take service tax on freight outward.
Audit 
