Interested to Buy Any Domain ? << Click Here >> for more details...
What will be the journal entries in case of tax collevted
at source.
- 1 Answers
- 13651 Views
- I also Faced
- E-Mail Answers
Answer Posted / satyanarayana raju
TDS will be there while making payment. Likewise TCS will
be there when collection towards Royalties,Sale of Forest
Produce etc
When sale of Forest produce made or Royalties collected.
Tax will be collected along with the main Transaction. So
the entry will be
Customer/Client a/c Dr
To Sale of Forst produce/Royalty
To TCS a/c
(Being TCS made along with the main transaction)
| Is This Answer Correct ? | 20 Yes | 2 No |
Post New Answer View All Answers
audit under section and penalty under saction scurtiny under saction
What is the definition of accounting?
What are trade bills?
Which accounting applications are your familiar with?
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
Key difference between indian accounting standards and international accounting standards is.
Tell me about an invoice discrepancy you discovered and how you resolved it
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
Wipro Limited
Dear candidate
Your Resume has been selected by ( Wipro Limited). I have attached your
Interview Process letter with this email. Kindly see the attached file.
Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm,
Company Website – www.wipro.com
Note - And more details you send a email Company
Email Add – career@wiprolimited.in
Best Of Luck
For More Details Please Click Here
Wipro Limited what is account reconcillation Define depreciation and its types? How to post salary advance transfer from one branch to another branch ? 6. What is the amount of Simple Interest on $ 1,500 for
90 days at 6% interest (year is 360 days)? What is project implementation? Do you know what is double-entry accounting? Explain with an example? can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
