Interested to Buy Any Domain ? << Click Here >> for more details...
What will be general entry for VAT or Sales Tax paid to
government in cash for an Financial year?
- 1 Answers
- 3816 Views
- I also Faced
- E-Mail Answers
Answer Posted / nagachandra pattar
There is no need to open Government (Sales Tax Dept)A/c in
your books.
The entry was:
VAT Payble A/c Dr ***
To Cash/Bank A/c ***
(Being Sales Tax paid for xxxmonth-10)
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
Hello Sir, Please send the knowing calculation of attrition rate?
why VAT not charged in deemed sales bill.
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
how to calculate service tax on tds
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure
What is the %age of T.A.,D.A.,H.R.A.,BASIC
What is the procedure to take modvat and its form number
wht do you mean by copmosition of tax
what is procedure to get c form? what is procees to get vat /tin no
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
how to calculate of FBT with example & what is Rate
How Many Category of VAT in West Bengal
