i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.
Answer Posted / manoj kumar
Inncentive A/C Dr. 90000
TDS A/C Dr. 10000
To Supplier A/C 1,00,000
(being amount paid agt. inncentive income)
If this entry is not correct,plz.send me right answers on my
email.ID MY Email ID is mkmanoj338@gmail.com
| Is This Answer Correct ? | 6 Yes | 4 No |
Post New Answer View All Answers
Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.
Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states
Does the tax liability of an individual get affected due to his residential status? If yes, explain.
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
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.
Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.
what is procedure of calculation of TDS by bank?
My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?
WHAT IS EXECUTION OF WORKS CONTRACT ?
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
Is wct charged on firm or proprietors ?
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
i am new to this tax system if you don't mine "please help me"
kindly advise me any set off in excise duty in maharashtra
how we creat e-vat return in tally for punjab