Answer Posted / k. srinivasa rao

jouna entry should be passed in books only when the create
of provision for taxation for the accounting year not for
refund received from income tax department. for the above
we have to pass a receipt entry i.e

Journal entry :
provision for taxation a/c. (Current liability)

To Advance income tax
To TDS Receivable



balance of excess paid

bank a/c. dr

to provision for taxation

last date of tds deposit yearly,tds proforma challan

2648

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PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

2217

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Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

2220

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Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.

2312

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Expand BFSI

2154

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I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1486

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What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2216

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define bank Draft

2473

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what is circuit filter?

1918

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what is Exposure ?

1983

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Short Answer on _________Accounts Receivable

1925

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Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance

2034

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Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

2446

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Short Answer on ___________Finance Bill

2030

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HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

2358

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