Answer Posted / ranjeet
TDS is Tax deducted at source and TCS means Tax collected
at source-, TDS is Collected at a time pament by Creditor
but TCS is Collected at a time of Received For Debtor
| Is This Answer Correct ? | 32 Yes | 6 No |
Post New Answer View All Answers
Suppose the production is more and sales less then what will happen
What is combination?
Provision of Bad Debts is made in compliance with the convention of -----------
income from depreciated asset is profit or loss?
Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.
what is Exposure ?
what is the use of accounting standards
outstanding expenses, prepaid or unexpired expenses
wages posted twice what is the entry for that?
what are the customization u have done in sap mm
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
Straight line method to using Indian company names
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
What is inter-corporate deposits? and where it is shown in balance sheet?
