Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / amit kumar tiwari
You can calculate tda as per tds % it is applicable total
Bill Amount suppose Tds on Professional fees deduction rate
is 10% you receive bill rs.10000/-book entry as under:-
Legal & Professional Fees Dr. 10000.00
To Vendor 9000.00
TDS on Professional Fees 1000.00
(Bill No………………….)
Vendor Dr. 9000.00
To Cash/bank 9000.00
(Being amount paid against bill no…………….)
plz reply me:aktiwari13@rediffmail.com
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.
over all details about tax what is mean by headge fund and detail explanation?
what do you mean by cenvat? and in which is liable?
what is the circle of tds and its rate chart
F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?
who will able to deduct the tds
Type of form use in sales Tax
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?
which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?
What qualification require for become a tax consultant ? what the future in this..???
