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Answer / sripal reddy madhireddy
Standard Operating for insurance & Taxes.
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What is the accounting treatment in the hands of reciever of bonus share or share recived due to demerger or share split.
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What is the entry for payment made to the distributor after deducting TDS and adjusting the credit note raised by them. For Ex: actual amount to pay rs.1000 TDS deducted rs.200 credit note of rs.500