Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-
- 1 Answers
- 2733 Views
- I also Faced
- E-Mail Answers
Answer / mlv
recipt Entry:-
bank a/c-dr- 343000/-
TDS receivable dr-7000/-
to party A/c-3,30,000/-
To advance received from party-20000/-
| Is This Answer Correct ? | 9 Yes | 3 No |
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
how will you make vat returns?
i am work in partnership firm. i recd. the bill of security charges & Labour charge contain service tax. whose amount will be taken for tds deduction befor service tax or after service tax.pls guide me what's will be the entry of these transaction.
What is the method of Calculation of Deffered tax as per AS -22? Which income is included in calculating Deffered tax? Net profit or Sales for calcultion?
what is Gratuity? why it is deducted ?
what is difference among VAT, CST and sale tax
what is the last date to submitted of TDS and VAT And after due date what is the fine to be payable.
last financial year'2007-08 i have not deposit TDS amount till today. can i deposit TDS amount now with interest. please advise me.
when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser
come'?
different types of form in which purpose used that is 403,402, c form, d form e1 form, f form, h form, e2 form
types of tax
Audit 
