anand soni


{ City } bangalore
< Country > india
* Profession * accounts executive
User No # 51276
Total Questions Posted # 3
Total Answers Posted # 4

Total Answers Posted for My Questions # 2
Total Views for My Questions # 24354

Users Marked my Answers as Correct # 41
Users Marked my Answers as Wrong # 2
Questions / { anand soni }
Questions Answers Category Views Company eMail

How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.

Taxation 8068

are tpt, freight & packing charges part of sales & purchase ??

Accounting General 1707

My question is- are tpt,freight & p & f charges part of sales & purchase when it include in invoice. suppose if goods value 20000 freight chrg 425.00 total sales will be 20425 or only 20000.00 how it will effect ?? pls clear

2 Accounting General 14579




Answers / { anand soni }

Question { Avon Ruby, 9115 }

how much deduction want while salary paid?


Answer

P.F
E.S.I.
P.T.
Salary in advance for bus pass or food exp

Is This Answer Correct ?    0 Yes 0 No

Question { 28452 }

distribution of gift in diwali to employee & buyer!!
what's suitable expences head.



Answer

The expenses head should be Staff welfare for employye &
Business promotion for buyer.

Is This Answer Correct ?    14 Yes 1 No


Question { 28452 }

distribution of gift in diwali to employee & buyer!!
what's suitable expences head.



Answer

If we are dustributing gifts in staff than it should come
under staff welfare & in case of buyer, it shoul under BP
i.e. business promotion.

Is This Answer Correct ?    5 Yes 0 No

Question { 13273 }

i am working in pvt company as accountant. but i have one
doubt in case of tds deduction. becouse we have paid
Rs.25000/- to Just Dail Group account as a Advertisement
Expences. I know Rules of Tds deduction Rule no: 194C any
payment to contract (advertisement contract) must want to
deduct tds (1.133%)if u paid advertisement expences more
than Rs.20000/- (one time). but my doubt is this. how much
our assessment value in this creditor. up to 20000 don't
want to pay tds. r we only assessed value Rs.5000 (25000-
20000), ie Rs.56.65 or whole amount (25000)ie Rs.283.25.
anybody can help me


Answer

You have to deduct TDS On total value Rs. 25000.00 bcoz as
per rules if u pay more than 20000.00 than TDS should be
deducted on total value. Entry shold be :

Advertisement exp Dr.
To TDS payable a/c Cr.
To Bank/Cash a/c Cr.

Is This Answer Correct ?    22 Yes 1 No