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
- 66463 Views
- A Cube Solutions, HCL, Motorola, I also Faced
- E-Mail Answers
Answer Posted / viseswar
Expense A/c Dr 50000
Service Tax receivable Dr 5150
To Tds Payble (194c comp.) Cr 1103
To Party A/c Cr 54047
(being servicetax paid (10.3)& tds deducte 2%)
| Is This Answer Correct ? | 11 Yes | 3 No |
Post New Answer View All Answers
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me
is WCT applicable one time? and what will be rate of WCT in UP State?
At what point excise duty is accrued
WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
What is VAT TDS? when it is applied & at what rate?
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
Sir please confirm job work sale for clothes shat d1 yes & no
How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax
what is form requirment for monthly, quartely, and yearly sale return for haryana
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
