Interested to Buy Any Domain ? << Click Here >> for more details...
why is service tax recievable shown as dr balance under
liability in b/s
- 2 Answers
- 4963 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / priyank kaushik
Tds amt must be added to the amt received after TDS so that
Total income will appear in profit and loss account.The amt
is shown in the asset side of teh balance sheet. It has to
be finally adjusted with the actual income tax liability
once the assessment is complete.
Plz correct me if am wrong. And also please explain.....
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / amit sharma
Mr. Priyank u r totaly wrong because question is related
with Service Tax and u r telling about TDS.
| Is This Answer Correct ? | 1 Yes | 0 No |
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
What is the difference between the excise duty and the sales tax?
1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.
mention the list of services tax applicable
What is an entry for INCOME TAX REFUND ?
What is MAT ?
What is Deferred tax??
WHAT SHOULD I DO IF TDS IS YET TO BE DEPOSITED BUT PERTAINS TO MAR,09 (LAST FY) THE THING IS THAT ACTULLY BILL WAS RAISED FOR THE M/O MARCH 09 IN MAY09. AS THE BILL PERTAINS TO LAST FY YEAR AND LAST DATE FOR TDS RETURN HAS GONE 15.06.09. WHAT ARE THE SOLUTIONS PLS HELP ME OUT
2 Answers Chartered Accountant,
my yearly income was 260000/- for last year. & nw i get 295000 so how much income tax i hav to pay
My company liable to paid Service tax for GTA (Goods Transport Agency) in Jan,Feb & March month. our Transport made on 15.02.09 and Transport bill accounted on 02.03.09. on 25.02.09 Service tax reduced 12.36% to 10.30%. So my quastion is what rate should i caluculate to paid the tax. while transport date (12.36%) or Bill accounted date (10.30%) pl tell me.
tds deduction all categries details
Wat are the heads in Taxation?
Audit 
