Pass a entry for the Contract receipts of Rs. 20000 after
deduction of mobilization adv 30%, TDS 2.244%,Works
Contract TDS 2% and retention money @ 10%
Answer Posted / mn
total contract price Rs.20000
bank a/c - Dr
to mobilization adv 30% - 6000
to tds - 449
to contract tds - 400
to retenion money - 2000
to contract payable - 11151
| Is This Answer Correct ? | 7 Yes | 12 No |
Post New Answer View All Answers
If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
When and how Wct is applicable on Labour Job Work and what is the percentage?
What is form c & d in sales tax?
taxes leivied on carpentar & plumbing services
I have some queries about Service Tax, I am working in a Insurance Broking Company. 1) We have raised one bill on 25.04.09 for the services provided by us in the month Mar, 09 Now We received the chq on May, 09 followed in the Month of June,09. When the service tax is actually payable in the month of received of Service tax amount or in the month of services actually provided by us (Mar09) 2) Can we take 100% credit of Service Tax Input paid to those who provided services to us. Suppose Service Tax payable is Rs. 100/- and Service tax charged by the other firms/company Rs. 80/-. The question is That can we deduct Rs. 80/- (already paid). Now Net ST payable would be Rs. 20/- or other percent of service tax input is available 3) What is the rate of interest for Service tax if not paid on time. Pls help me out asap
What is CAARO?
what is rate of different service tax in haryana
Who are non resident?
WHAT IS THE DEPREATION RATE FOR COMPANY, EXPLAIN DETAILD WITH EXAMPLE & ENTERY , PLEASE GIVE ME THE DETAIL OF IT ON MY E.MAIL sonidilip87@yahoo.com
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
what is cost taxation
in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?
WHEN I AM DOING 1ST TIME VAT RETURN E-FILLING, WHAT IS PROCESS FOLLOW HOW GET E-RETURN FILLING PERMISSION HOW APPLY FOR GET THE USER I.D & PASSWORD FOR E-RETURN FILLING IF ELSE, PLEASE GIVE ME THE RIGHT ANSWER ON MY E-MAIL ADDRESS ON sonidilip87@yahoo.com