Where does the entry of TDS payable, sale tax payable,
service tax payable will appear in Balance sheet or profit
or loss a/c?
- 12 Answers
- 36675 Views
- ABC, PPS, SGI, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shailesh garg
Yes, It is definetly be shown in Provision i e Current
Liability,not in P/L a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kartik charnalia
These entries come under the liability side of b/s under the head current liabilities and provisions as these 3 above are provisions and these are not to be shown under duties and taxes as these are not been paid .
| Is This Answer Correct ? | 0 Yes | 0 No |
What is MAT?
What is Tax Refunds ?
Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.
whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods
Can CST credit be claimed on CST paid? Is there a concept like Cenvat credit in CST just like in VAT?
HOw to pass vat adjustment entry while paying vat return?
If any bill amount is inclusive of service Tax? How to calculate?
12 Answers Mountain Edge, Savitri Engineering,
how to record journal entry for tds on salary on quarterly basis?
28 Answers Bharat Trading, BTA, Duravit, HDFC, Metatron, Reliance, TCS,
What are the capital gains exempt from Tax?
All Tax Experts We are manufacture assesses registered with the excise department or our office and works area are commercial on rent basis and lease holders charge service tax on rent or raise the invoice on same premises address can we taken credit of service tax, on input services and utilized in Cenvat Credit with Excise pls. Explain me.
What is TDS? Please explain rate of TDS.
12 Answers Accounting, ITC Infotech, KMC, vguard,
If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion
Audit 
