Answer Posted / tushar

When Interest Income arise;
Interest Receivable A/c Dr. (FOR Interest Amount)
To Interest (Income) A/C

When Cash received
Bank A/C Dr. Amount Received
TDS Recoverable A/C Dr TDS amount
To Interest Receivable A/c (FOR Interest Amount)

For provision only
Interest Receivable A/c Dr.
To Interest (Income) A/C

for TDS
TDS Recoverable A/C Dr
To Interest Receivable A/c

Is wct charged on firm or proprietors ?

1580

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what is cenvat credit? plz tell service tax interest rate and watz it procedure...

2354

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WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify

1755

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What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)

2042

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What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.

2649

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If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.

1906

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what to in pro

2377

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What is permanent account number (pan)?

1158

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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

2160

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When & how vat audit takes Place in haryana. Is Scrutiny & vat audit is same?

4050

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While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?

3652

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We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

1870

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how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000

2176

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What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.

2938

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when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax

1919

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