Answer Posted / p. navaneetha krishnan

Wages Account Dr. XXX
Outstanding Wages Account. xxx

(Provision Entry for Wages Payable ) for Month / year End.

Outstanding Wages Account Dr. xxx

To Cash / Bank Account xxx

(Outstanding Wages Payables Last Month / Last Year paid
now)

Note:

If provision Created once, then at the time of payment
entry debti to be given to the credit of provision given or
it means that expenses wrongly booked to the extended of
amount provisons created in Last Month / Year.

If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?

1806

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if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1765

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ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes

2099

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i am new to this tax system if you don't mine "please help me"

1896

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We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

2057

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cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.

2038

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what about WCT (Work Contract Tax)

2011

---

How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?

2224

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how many form used in sales tax return from begining to ending?

1724

---

is there easy guide for the latest India tax & accounting information for 2010?

1956

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accounting taxation

1769

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DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?

3289

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hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?

6170

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Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

2628

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what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

2101

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