Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
1497My salary is Gross 17000/- pm and 1 salary is added as bonus total CTC is 2.21 LPA. Is am eligible for incometax. Kindly revert .
2 4221F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?
1559When tds should be paid to govt.? on provison of particular expense in com's book or after payment is made to party for that particular expense.
1 3083how esic be calculated? On basic salary or earned salary? If i have gave advance salary to an employee in last month then how should i deduct the salary take an example if salary of an employee is Rs. 4750 and i deduct rs. 83 as esic contribution in current month if i've gave 83 in advance in last month then how much money exactly i give him. means esic cut on 4667 or 4750?
1 3645Is octroi duty by nature a tax you can pass on to the customer in your billing? how is it different than VAT?
3 4448
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
how to calculate vat, st, cst, excise duty, customs duty, tds.
I want to know the TDS ammount which deducted by company.
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
how to filing rt-1
calculation of Tds on subcontractor
Define previous year.
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
What are the basic and additional conditions for resident and ordinarily resident (ror)?
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
what is excise return, what is form requirement and what is procedure for excise return?
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
