what is the journal entry for tax refund?
Answers were Sorted based on User's Feedback
Answer / vijay
I have not received tds refund of a.y-2014-15 then what will be the entry at the time of year end f.y-2014-13
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rahajul alam choudhury
For Refund
1. Incase of Partnership firm
firms capital a/c ----Dr
To Income Tax refund
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mohit
if the tax is to be refunded back then the entry will be
Income tax (Party Name)A/C Dr
to Bank A/c
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / jatin
as per Tax authority its
Refund Dr
To Bank.. Cr
as per Dealer
Bank/Cash. Dr
To Tax authority Cr
| Is This Answer Correct ? | 9 Yes | 26 No |
Answered but misspelled pl correct ONE OF THE MAIN EXTERNAL USERS OF ACCOUNTING INFORMATION (ANS.SREKANB)
whether directors fees included in cost or not? if yes/no why?
What are Entry in Tally of payment from Creadit card of Petrol and Diesel ?
5 Answers Indian Driving School,
Expand ------NPR
Expand----------MCT
what is the entry for accounts receivables and accounts payables? what is the entry for bills receivables and bills payables?
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
Journal entry for cheque issue but not yet realised.
Expand ACTO?
what is the differance between Equity shares and preferance shares?
What is the difference between tds and withholding tax??(new)
Tresuty stocks/shares calculation?