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 / urmila
Above Answer is Also Correct But If Your Dont Understand
then I Explain it ... First of All U Received Incentive From
Supplier so Your First Entry Is
Supplier Dr 100000
To Incentive 100000
2nd Time Tds Will Be Deduct From Your Incentive .So You Will
Pass The Entry For Tds
Tds Dr 10000
To Supplier Cr 10000
& the last You Will Received Your Incentive in Cash Or
bank..So It Depend
Cash Dr 90000
Supplier Cr 90000
& i M 100% Sure That This Answer Is Absolutely Correct
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
Basing on what we can made TDS payment
What is the procedure to take modvat and its form number
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING
I am working at Himachal Pradesh, let me know cant i adjust entry tax in vat? if no then why or yes, please exlain.
Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
please share fy 2017-18 salary tds auto matic excel utility
WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX
Hello Sir, Please send the knowing calculation of attrition rate?
Define financial year?
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?