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
- 61578 Views
- A Cube Solutions, HCL, Motorola, I also Faced
- E-Mail Answers
Answer Posted / vishwanath
PROFESSIONAL FEES A/C DR. 50000/-
SERVICE TAX A/C DR. 5150
TO PARTY A/C CR. 54047
TO TDS ON PROF. FEES A/C 1103
| Is This Answer Correct ? | 7 Yes | 4 No |
Post New Answer View All Answers
who will able to deduct the tds
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally
What is the difference between Indian and us taxation
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
in gujarat. whether Vat is applicable if H form issue ?
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
Making delivery challan is possiable between two branch of difference code
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
Define financial year?
What is tha Central sales tax rate 2010 in andhrapradesh
