what is tds rates for company / indivisuals?
Normally companies have been deducting TDS based on the
transaction applicable to TDS. Here is the details
Contractor - 2% for Company 1% for Individual
Professional - 10%
Rent for Building- 10%
Transportation for Cab alone not goods carrier - 2%
Rent for Hiring machinery - 2%
Interest - 10%
Commission -10%
Note :
If the party has not provided PAN # then 20% has to be
deducted from their bills
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expenses incurred in the formation of the company are show in : 1)debit side in the profit and loss a/c 2)as an assets in balance sheet 3) as an liabiliies in balance sheet 4) credit side in profit and loss a/c
$198 owing by Brass Instrument Ltd is to be written off as a bad debt? how to pass the journal entry for this question?
what is the meaning of networking capital
The number of production or similar units expected to be obtained from the use of an asset by an enterprise is called as _________ (a) Unit life (b) Useful life (c) Production life (d) Expected life
Explain what is liabilities and what all does include in current liabilities?
Among financial and cost accounting,which is more important? why?
i am normally accountant. i am not a CA. then i learn a account maintain
0 Answers Airtel, State Bank of Mysore SBM,
What do you mean by the word Loss in nominal accounting Give some examples
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
What is mero in sap fico.
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
we given tour advance to party how to treat entry and which head have to given expenditure