i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.
- 6 Answers
- 6938 Views
- I also Faced
- E-Mail Answers
Answer Posted / amit kumar tiwari
JV
Supplier A/C Dr. 100,000.00
to Incentive(your name) 90000.00
TDS 10000.00
(Being inncentive due for the period of ...........)
PV
Incentive or(Your Name) Dr. 90000.00
to Bank/Cash 900000.00
(Being Amount paid against Inncentive for the
period:.............)
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa
Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.
HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?
why charges PURCHASE @ 15 % TAX RATE ?
What is Form 12A & Form-H and where is applicable.
define double entry bookkeeping
on earth moving road work which type of tax is applicable?
Define previous year.
calculation of Tds on subcontractor
How do you plan to achieve these goals?
ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
How to adjustment of CST ? and also tell me about C-Form affairs ?
what is the scope of business taxation in private company?
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
