Interested to Buy Any Domain ? << Click Here >> for more details...
One bill of Rs.200000/- for Machinery hire issued by
party, but total bill is reversed by me to party. In this
matter what is the TDS Deduction entry I can made or not?
- 4 Answers
- 7089 Views
- I also Faced
- E-Mail Answers
Answer Posted / siman
Liab. to deduct TDS arise at the point of credit of payment
whichever is earlier.
Here as you hv reversed the invoice there is neither a
credit nor a payment. Hence no need to deduct TDS.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
What is c.s.t slab on furniture & fixture ?
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
taxes leivied on carpentar & plumbing services
How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.
1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems
What are the excise duties in our state?
I want PTR Number and I am working professionaly related documents i have but officer asked me to bring any business commencement proof. here,I have no business? so what proof i will give to him.
what to in pro
While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks
what are the slab rate for F Y 2010-11
Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c
In advance c form dvat why not showing the amount in form verification
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
How to adjustment of CST ? and also tell me about C-Form affairs ?
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?
