Interested to Buy Any Domain ? << Click Here >> for more details...
What will be journal entry for TDS deducated from an
freight payment of RS. 15000.00 , applicable TDS rate is
2.266%
- 7 Answers
- 24121 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vijayamaathavan
FREIGHT A/C DR 15000/-
TO TDS PAYABLE A/C 340
TO PARTY A/C 14660
(BEING AMOUNT OF FREIGHT CHARGE)
TDS PAYBLE DR 340
TO BANK/CASH 340
(BEING TDS DEPOSIT )
PARTY A/C 14660
TO CASH/BANK 14660
(BEING PAYMENT AGST BILL NO----)
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / arun kumar
FREIGHT A/C DR 15000/-
TO PARTY A/C 15000/-
(Being Freight Charged)
Party A/c Dr 340/-
To TDS Payble A/c 340/-
(Being TDS Deducted @2.266%)
TDS Payble A/c Dr 340/-
To Bank/Cash A/c 340/-
(Being TDS Deposited)
Party A/c Dr 14660
To Bank/Cash A/c 14660
(Being Amount Paid)
| Is This Answer Correct ? | 22 Yes | 10 No |
Answer / pradeep gupta
FREIGHT A/C DR 150000
TO PARTY A/C 14660
TO TDS PAYABLE A/C 340
(AMOUNT OF FREIGHT CHARGES )
TDS PAYABLE A/C DR 340
TO BANK/CASH A/C CR 340
(BEING AMT OF TDS DEPOSIT)
PARTY A/C DR 14660
TO BANK / CASH 14660
(BEING AMT PAID TO PARTY AGAINST BILL NO....)
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / gaurav dixit
FREIGHT A/C DR 15000
TO BANK /CASH A/C 14660
TO TDS PAYABLE A/C 340
(AMOUNT OF FREIGHT CHARGES )
IF PARTY NAME NOT MENTION
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / mohan chand joshi
frieght a/c Dr 15000 To Tds payable a/c 340 To party a/c 14660 (amount of frieght charge)
| Is This Answer Correct ? | 2 Yes | 1 No |
How to Calculate FBT
Whether unutilised CENVAT credit can be included in the net profit of an assessee for the computation of Income Tax payable if an assessee is following exclusive method of accounting?
how to calculated all taxes their information in details
can previous year be greater than a period of 12 months??
What is Sale tax Assessment? When it required ? what is the basic query's to do this??????????
what are the setup required in p2p cycle as per India localization
if waybill issued by consignor , then c form issue whose responsibility?
0 Answers Saira Bath Concepts,
Give details about TDS and its applicapable rates of latest year.
1 Answers CA, Ratnakar Bank RBL,
Why service tax payable is not considered while calculating Wct Tds.
i HAVE MANUFACTURING UNIT IN KARNATAKA & I HAVE DEPOT IN KARNATAKA ON WHICH VALUE SHALL I PAY ENTRY TAX ON STOCK TRANSFER VALUE OR DEPOT SALE VALUE.
If Sales Made Against form c with Rate2%, after then we are unable to collect the form c from party, party is ready to pay debitnote to us, we also agree for this, what procedure to follow, how to pay to Vat Department and which form to be submitted.
WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.
Audit 
