if Advance Tax is diposited by u Rs.200000/-
TDS Deposited Rs.100000/-
Assesment tax raised by It depart ment Rs.350000/-
What will be the Journal entries?
Answer Posted / smitha satheesh
Income tax Dr 350000
To Advance Tax 200000
TDS 100000
cash/Bank 50000
(Being IT assessed by IT dept paid after setting off
advance tax & TDS)
Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.
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.
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
Cenvat credit transaction journal entries. And what does the term reversal of credit means
what is deemed sales? how to calculated
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,
what difference in motvat & cenvat? and why this prepared?
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
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
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
what Is the ITc Claimed. how to utilized the ITC.
how & on which amt tax should be calculate on pvt ltd company or ltd company
How tax deduction at source is deducted
calculation of Tds on subcontractor
What is the SEZ formalties in cement Industry?