MY QUESTION IS
1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS
2. WHEN AND TO WHOM I DEDUCT TDS
3. JOURNAL ENTRY FOR ALL TDS TRANSCATION
5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP
6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS
- 1 Answers
- 5153 Views
- I also Faced
- E-Mail Answers
Answer Posted / syed shakir ali
TDS PAYABLE A/C
UNDER GROUP OF INDIRECT EXPENSES CREATED IT
Debit the party or invidual a/c creadit should given to tdS
payable account.
ALL CONTRACTORS WHOSE HAVING PAN NUMBERS DEDUCTED GROSS
AMOUNT 2% TDS DEDUCTED APPLIED.ON INCOME,MANPOWER AND
TRANSPORTION TDS SHOULD BE DEDUCTED.
TDS CERTICATES ISSUED TO DEDUCTED PARTIES FOR EVERY
FINANCIAL YEAR.
| Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.
if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?
on earth moving road work which type of tax is applicable?
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
over all details about tax what is mean by headge fund and detail explanation?
THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?
Should we give C form with Freight, Insurance, P&F after CST?
WHEN I AM DOING 1ST TIME VAT RETURN E-FILLING, WHAT IS PROCESS FOLLOW HOW GET E-RETURN FILLING PERMISSION HOW APPLY FOR GET THE USER I.D & PASSWORD FOR E-RETURN FILLING IF ELSE, PLEASE GIVE ME THE RIGHT ANSWER ON MY E-MAIL ADDRESS ON sonidilip87@yahoo.com
How to calculate long term capital gain
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.
what is cenvet credit in vat.
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
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?
