what is the journal entry if bank deducted tds on commision
Answer Posted / rajat dey
Receipt Entry
-------------
Commision Cr. Rs...........
(Under Incoeme in P/L)
TDS Receivable Dr. Rs.........
(Under Loan & Advance(Asset) in B/L)
Bank Dr. Rs........
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
what is the method of work contract tax computation
If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?
witch taxes are calculate in CENVAT for Gold ornaments ?
What items come under deferred tax liability?
is a pvt ltd. comp. can give advance against salary to his director.
What are the various forms used for VAT?
What is c.s.t slab on furniture & fixture ?
what is procedure to get c form? what is procees to get vat /tin no
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
What do you understand by transfer income?
Need of Bank Reconciliation to a company
why VAT not charged in deemed sales bill.
Which form used for registration in GST?
How can I Return CST Form-I