Pass a entry for the Contract receipts of Rs. 20000 after
deduction of mobilization adv 30%, TDS 2.244%,Works
Contract TDS 2% and retention money @ 10%
Answer Posted / sandeep
MObilization adv dr. 6000
TDS dr. 314 (20000-6000)
tds already deducted by deptt/agency at the time of given/release)
wct dr. 400
retention money dr. 2000
party/dr. 11286
contract receipt 20000 cr.
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.
agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
80DD Dediction
what is the entry tax explain briefly?
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
what is the objective of business taxation in private company?
can i adusted our vat credit in W.C.T. payable?
where is applicable WCT & what is limitation for applicable it on company.
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
What is income tax? How is it calculated?