Interested to Buy Any Domain ? << Click Here >> for more details...
i am working in pvt company as accountant. but i have one
doubt in case of tds deduction. becouse we have paid
Rs.25000/- to Just Dail Group account as a Advertisement
Expences. I know Rules of Tds deduction Rule no: 194C any
payment to contract (advertisement contract) must want to
deduct tds (1.133%)if u paid advertisement expences more
than Rs.20000/- (one time). but my doubt is this. how much
our assessment value in this creditor. up to 20000 don't
want to pay tds. r we only assessed value Rs.5000 (25000-
20000), ie Rs.56.65 or whole amount (25000)ie Rs.283.25.
anybody can help me
- 13 Answers
- 17021 Views
- I also Faced
- E-Mail Answers
Answer Posted / sankar bag
5000-56.65-226.60=4716.75
Total Pay to Creditors- 24716.75 & TDS Amt. 283.25
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
How is an accounting department structured?
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
what are the disadvantages of back-flush accounting?
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
Why some asset accounts have a credit balance?
1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...
Explain the meaning of long-term notes payable is or long term liabilities?
List out some of the examples for liability accounts?
What is mis report , how to prepare mis report for general ledger?
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
What is meant by partitioning?
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
