i m agent of reliance life insurance i have sold one
traditional product of premium size 10,000/- rs and
comission rate is 18% what will be net comission will be
recd by me after deducting service tax and tds ?
Bajaj Allianz Life Insurance Co WHAT IS JOURNAL ENTRY FOR INVOICE OF SERVICE PURCHASE BILL AMOUNT 10000/- COMMISION RECD. 200/- TDS 20/- SERVICE TAX 24/- (PURCHASE 10000-200-24-20=9756/-NET PURCHASE).