Answer / aniruddha

refund of s tax / I Tax

Bank a/c .........DR
TO sales tax refund ? IT Refund A/c
TO Int on IT Refund (if any)

Answer / r.rajesh

Refund for Sales TAx
Cr Input Tax 4% (or) 12.5% - 12000.00
DR bank 12000.00

Refund for InCome Tax

Cr TDS Receiveable 12000
CR Bank 12336.00
CR Interest Recd 336.00

Pls. any body tell me the limit of deduction available under the all head of deduction seperately.

0 Answers  

---

is there in india the rate of work contract are same in all states if now what are the statewise rate

0 Answers  

---

is there any specific percentage related to lower tax deduction under tds

0 Answers  

---

what is the rate of tds on interest payment and basic exemption limit for general insurance co.

1 Answers  

---

what is defferred tax liability ? explain with 2 example.

1 Answers  

---

---

what is tax rate for Companies for the Assessment year 2009-10?

3 Answers  

---

What is permanent account number (pan)?

0 Answers  

---

what is PBT? FBT? how they are calculated?

1 Answers  

---

What is difference between PAN No and TAN No

13 Answers   FedEx, PM Enterprises,

---

1. what are the ledgers to be open for service tax accounting & under which group in tally? 2. what is the journal entry to be pass when adjusting input & output service tax at the end of the month? Regards Sakthivel sakthi_135@hotmail.com

2 Answers  

---

Managing Director personal income tax is company exp ? in which a/c ledger we should debit MD income tax amount ? Property tax is exp. or liabilities ?

3 Answers   ICA,

---

When private limited company liable to pay service tax???????

1 Answers  

---