if Advance Tax is diposited by u Rs.200000/-
TDS Deposited Rs.100000/-
Assesment tax raised by It depart ment Rs.350000/-
What will be the Journal entries?
Answer Posted / smitha satheesh
Income tax Dr 350000
To Advance Tax 200000
TDS 100000
cash/Bank 50000
(Being IT assessed by IT dept paid after setting off
advance tax & TDS)
Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
th point in when will details wil get filled in ER1 2a and 2B?capg
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
what is the difference between tds tax code and tds tax type in sap fi
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
Hello Sir, Please send the knowing calculation of attrition rate?
when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
what is the method of work contract tax computation
how we calculate the tds on salary.
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
If any new form open than we are able to deduct TDS on first year
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
What is the difference between fund flow vs. Cash flow?
how to calculate vat, st, cst, excise duty, customs duty, tds.
Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.