what is the journal entry for tax refund?
Answers were Sorted based on User's Feedback
Answer / vijay
I have not received tds refund of a.y-2014-15 then what will be the entry at the time of year end f.y-2014-13
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rahajul alam choudhury
For Refund
1. Incase of Partnership firm
firms capital a/c ----Dr
To Income Tax refund
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mohit
if the tax is to be refunded back then the entry will be
Income tax (Party Name)A/C Dr
to Bank A/c
Is This Answer Correct ? | 1 Yes | 3 No |
Answer / jatin
as per Tax authority its
Refund Dr
To Bank.. Cr
as per Dealer
Bank/Cash. Dr
To Tax authority Cr
Is This Answer Correct ? | 9 Yes | 26 No |
CAN A PERSON OPEN A PERSONAL CURRENT ACCOUNT IN BANK FOR PERSOANAL TRANSACTION.
how to calculate basic in provident fund under salaries?
what is mean by credit sales?
Sir i am fresher and i am going to join in an educational institution can you give me suggestions regarding how to work with Tally and what type of entry's may i get there.
in a every intervew asking one common question why you are living current employer, which is the best answer
0 Answers Bank Of America, HSBC,
Breif Explaination about accounts & Finance
How to calculate world GDP growth rate?
Is there any difference between Income and Profit
Credit Purchase entry
Is closing stock will recorded in Trail balance?
Expand ------FCC
If you keep an amount for the office interior designing purpose what is the entry?