Answer Posted / srikant barick
1.
Expenses A/c (on which TDS deducted) Dr. 100%
To, TDS Payble A/c (as per central govt. rate)
To, Cash (balance after deduction of tds from exp.)
(if cash paid & expenses early)
2.
Expenses A/c (on which TDS deducted) Dr. 100%
To, TDS Payble A/c (as per central govt. rate)
To, Party A/c (balance after deduction of tds from exp.)
| Is This Answer Correct ? | 46 Yes | 8 No |
Post New Answer View All Answers
Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up
How to show reject material in ER1
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.
What is Cenvat
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax
1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.
1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.
what is deemed sales? how to calculated
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
Rules for filling Income Tax return for an Individual ?
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
Define deferred tax liability? What items come under deferred tax liability?
