how to record journal entry for tds on salary on quarterly
basis?

Answer Posted / ravi naidu

salary a/c Dr 45000
tds a/c Dr 5000
To cash a/c 50000

Is This Answer Correct ?    10 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?

1579


whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2506


What are the streamlined sales and use tax agreement?

641


How will you calculate house rent allowance (hra)?

638


who will able to deduct the tds

5130






Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.

3681


what is the circle of tds and its rate chart

4856


What is the difference between excise & service tax?

612


if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?

1673


Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?

1482


how to adjustent the accounts part of the company and how to calculate vat and gst .kindly answer me sir. my e-mail id is:- dipak92.dip@gmail.com

983


WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

1536


Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1456


Is Work Contract Tax expenses for a company?

1093


How to working service tax in excel sheet?

1794