Answer / dipti panigrahi

Entry for creating Deferred Tax Asset is:

Deferred Tax Asset a/c Dr
Profit & Loss a/c Cr

Entry for creating Deferred Tax liability is:

Profit & Loss a/c Dr
Deferred Tax liability a/c Cr

I have issued an invoice to a client in which i have charged service tax but I have not received any amount against that invoice. In this case when is service tax payable.

6 Answers  

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what is the Difference between Compound Sales and Deemed Sales?

0 Answers  

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why issue c form? what is procedure of issuing 'c' form?

18 Answers   ABC, ABV, Aqualite, Banking, Fitch Metals,

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What is Entertainment Tax?

8 Answers  

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What is the posting of TDS Receivable in balance sheet

7 Answers  

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plz tell me calculation of service tax and tds. point by point

2 Answers  

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what is the rate of income tax, if a person gets 200000 per annum, what are entries in tally? what is the income tax to be deducted?

4 Answers   Amara Raja,

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what typae of accounts?

2 Answers  

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please tell me procedure how to calculate vat if we got vat credit?

2 Answers  

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Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr 650.00 ESI Employer Cont. Dr. 475.00 or Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr 175.00 which is correct entry above entries ?

5 Answers  

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which purchases is profitable for us a building material purchases from direct of contactor ?

0 Answers   Penam Laboratories,

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If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.

0 Answers   City Ads,

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