what is general entry if CST charged on purchase of Material
and if there is partly Purchase Return?
Answer / dinesh
purchase A/c Dr.
CST A/c Dr.
To Party
while purchase return
Party A/c Dr.
To CST ( half)
To purchase return (half)
| Is This Answer Correct ? | 8 Yes | 4 No |
What are the accounting entries to be passed for TDS if person who is assessed is a Firm (or) Proprietorship (or) Company (or) person? Eg: I (CDE & Co) paid Rs. 1,00,000/- through ICICI Bank after deducting 10% of the amount (Rs. 10,000/-) as TDS (Tax Deducted as Source) to “ABC & Co” (i would like to know the entry to be posted in "CDE & Co" and "ABC & Co")
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