How do i know wheather Tds deducated from Inv.or Not?(eg.If
someone printing a banner for our office for Advertisement
& he issue a Tax Invoice for the same. If Tds is deducted -
then why & if tds is not deducted then why
- 3 Answers
- 11769 Views
- ABC, Infoline, spykar, SVS, I also Faced
- E-Mail Answers
Answer Posted / fca naidu 9848146369
:To know whether TDS is made from Invoice or not, you have
to go to TDS payable ledger (under current Liabilties), It
will show you the amount of TDS made. Now you can see the
ledger when you have deducted it will show credit balance,
and the same shall be paid to the INCOME TAX DEPT within
the due dates. As and when the payment is made TDS say
TDS on Advt balance will be reduced to the extent of
payment. TDS shall be deducted from all the parties in
case the total amount paid or payable to them during that
previous year exceeds Rs.20000. In case the invoices do
not exceed this limit then no TDS required. // Most
important thing if you are an individual and not covered
u/s 44AB you need not deduct tax at source.
| Is This Answer Correct ? | 4 Yes | 6 No |
Post New Answer View All Answers
i want question papers audit staff selection examination
what is the PRPOER way of accounting salaries ETF EPF
What are the different advantages and disadvantages of internal audit?
What are the basic principles of an internal audit controlsystem?
Which books are helpful for practising accounting's most tricky sums?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
How to involve people in audit?
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
HOW TO DO LEDGER SCRUTINY?
Whats are the importance of evaluating an internal audit department?
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.
How to do an internal audit effectively?
What are documents need to vouch while doing sales vauching?
What does an internal audit charter contain?
