Answer / dipti panigrahi

Entry for creating Deferred Tax Asset is:

Deferred Tax Asset a/c Dr
Profit & Loss a/c Cr

Entry for creating Deferred Tax liability is:

Profit & Loss a/c Dr
Deferred Tax liability a/c Cr

If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.

0 Answers   City Ads,

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Whether Tax will be deducted by Deductee as a Society for Construction Contact Rs 3000000 to a Company

1 Answers  

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HOW TO CALCULATE INTEREST ON PREVIOUS SELF ASSESSMENT TAX ?

1 Answers   Wipro,

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my baisc salary is 8000 , DA 1000, con 1000, HRA 2500, Med 1500, Incentive 1000, LTA 2000 and other allowance

1 Answers  

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Company Should deduct TDS or not if a company calls a Saint (Sadhu/Mahatma) for a programme like Pravachan/ Katha/ Pooja ETC ??? If yes then Tax Rate ??? Pl reply in detail with reason of deduction.

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if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

0 Answers   Sapcon Instruments,

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i have a bank statements for a xyz company, how did start Bank Reconciliation Statement, what is the concept of BRS and what is the steps to follow up the BRS. can u told how to do brs in Excel easily. please solve my question.

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What are the taxes applicable to Diamond industries? Please let me know. Thanks.

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what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent

0 Answers   Chartered Accountant,

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We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?

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What is minium bill of TDS Deduction Example If Contractor give us 1st Bill - 10000/- 2nd Bill - 15000/- 3rd Bill - 7000/-

14 Answers   ABC,

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We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

0 Answers  

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