Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / pushkar rawat
liablity to deduct TDS on deductor or the person who makes payment to deductee.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
Who advance tax is the asset for company? What are the accounting entries of advance income tax
If any new form open than we are able to deduct TDS on first year
What are the excise duties in our state?
how many form used in sales tax return from begining to ending?
we issued the H form for the 1st quarter 2014-15 but in the 2A we posted the wrong TIN no of party and H form is also contains the wrong TIN No.if anybody know the correct procedure for correction of H Form kindly tell us.
What is the procedure to take modvat and its form number
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?
what Is the ITc Claimed. how to utilized the ITC.
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?
what is period VAT revised return can be filed?
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
