Pass a entry for purchase a material for Rs. 2000 inclusive
of VAT @ 4% on Rs. 1500 & @12.5% on Rs. 500 with narration
Answer Posted / smart
purchase on vat (4%) a/c dr. 1440
purchase on vat (12%) a/c dr. 437.50
vat input dr. 60.00
vat input (12.50%) dr. 62.50
to party a/c 2000
Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
Pls give a details knowledge of Income Tax (including TDS, TCS)duty paid online form no., due date, return form no. and due date, limit of turnover for auditing, procedure of auditing and income tax depreciation, etc.
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING
what is fillup form when company issue c form
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
what is excise return, what is form requirement and what is procedure for excise return?
How will you calculate house rent allowance (hra)?
what are the slab rate for F Y 2010-11
updated rates of sales tax & VAT in Maharashtra
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
can we purchase software agaist Form under In the telecommunications network; or