Interested to Buy Any Domain ? << Click Here >> for more details...
There is a Service Bill of Rs.50,000 & Service Tax added
10.30% & We have to deduct TDS @ 2%. Assume that Service
Tax Input Credit available to Ur Co. What is the Journal
Entry for this?
- 23 Answers
- 66461 Views
- A Cube Solutions, HCL, Motorola, I also Faced
- E-Mail Answers
Answer Posted / vinod kumar
Expense A/c Dr 50000
Service Tax payble Dr 5150
To Tds Payble Cr 1103
To Party A/c Cr 54047
(being servicetax paid (10.3)& tds deducte 2%)
| Is This Answer Correct ? | 9 Yes | 10 No |
Post New Answer View All Answers
Sir please confirm job work sale for clothes shat d1 yes & no
what Is the ITc Claimed. how to utilized the ITC.
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
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?
Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?
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 RITC under UP VAT. and How it is calculated.
type of sale and purchase tax?
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
How many types of vat categoryplease tell me all type of vat categories..............
What is the %age of T.A.,D.A.,H.R.A.,BASIC
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
