1. Is TDS asset or Liability ?.
2. Is TCS Asset or Liability ?.
3. Which is Debit side and Which is Credit Side in Balance
Sheet ?.
- 11 Answers
- 53210 Views
- I also Faced
- E-Mail Answers
Answer Posted / mayank
First of there is no side in balence sheet. Balence sheet
always liablities and assets side not dabit & credit
Tds deducted is always liablity.
| Is This Answer Correct ? | 18 Yes | 8 No |
Post New Answer View All Answers
in relation to pioneer industries, explain the following terms:1,production day. 2,certificate of qualify expenditure. 3,income tax relief. 4,pioneer certificate 2. list seven pioneer industries which fall under pioneer status as contained in the industrial development act 1971
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
I want to know the TDS ammount which deducted by company.
what is rate of different service tax in haryana
what to in pro
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
service tax
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?
The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com
what is the method of work contract tax computation
How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)
