Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / mounika
TDS tax deducted at source
Tax is to be deducted at the time of invoice
posting or advance payment posting whichever is earlier.
expenses a/c dr
To Party a/c
(being raised the entry first)
Party a/c dr
To TDS a/c
(being TDS deducted)
| Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
Cash bill of sale so the company can deduct the amount.
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
Tell me what is reversing journal entries?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
What steps would you take before approving an invoice for payment?
WHERE WE CAN USE VAT 5%,14.5%
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
How does accounting contribute to the community?
Define balancing in accounting?
what role did you play in collections?
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
Differentiate between provision and reserve?
Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
