Pass a entry for salary payment basic 5000, HRA 3000,
Medical 200, TDS 500 Adv 200 & deducted PF with narration.
Answer Posted / sridharan.v
Date Particulars Debit Credit
Rs Rs
xxx Basic A/c Dr 5000
HRA A/c Dr 3000
Medical A/c Dr 200
To Bank/Cash A/c 7500
To Tds payable A/c 500
To Adv.Salary A/c 200
(Being salaries paid and Allowances provided)
| Is This Answer Correct ? | 12 Yes | 6 No |
Post New Answer View All Answers
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
should we can take modvat benefit any time or they have some limit time to take input benefit claim?
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?
I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar
What items come under deferred tax liability?
What is RITC under UP VAT. and How it is calculated.
Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.
what is rate of different service tax in haryana
Define previous year.
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
How do I get a C form with the bank Guarantee?
what is the objective of business taxation in private company?
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)