Answer / nagaraju arepalli

First Vat returns entry
At the time of purchase
purchase A/c Dr
Input Vat A/c Dr
To Bank/Supplier A/c
At the time of sales
Bank/Customer A/c Dr
To output Vat A/c
To Sales A/c
At time of Vat return
Output Vat A/c Dr
Input Vat A/c
Bank A/c
At the time of TDS deduction from customer
TDS A/c Dr
To Customer A/c
At the time of TDS pay to incometax
Income tax A/c Dr
To TDS A/c

what is percentage of work contract I have construction a house I paid my Manson Rs.3 Lakhs for labour charges what percentage I have deduct in Manson account and I have give cement. sand and Iron the Manson was supplied only labour like female and male labours. What is the answer and percentage of TDS.

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IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.

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Parties from where we can deduct TDS in a manufacturing company?

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what is CST for what we are using it

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We have purchased staples Item & vendor charged freight in his invoice.should we deduct TDS on freight charges by vendor?

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PROFIT FOR THE YEAR 56000 DEPRECIATION AS PER ACCOUNT 9500 DEPRECIATION AS PER TAXATION 6350 TAX RATE 30% PASS ENTRY FOR CORPORATION TAX PROVISION.

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How to prepare the Income Tax and income Tax return?

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what is deemed sales? how to calculated

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accounting taxation

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What is difference between PAN No and TAN No

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