Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

TDS ENTRIES IN THE HANDS OF PAYER & PAYEE

Answer Posted / rajesh v

In the Books of Payer on Contract work

Contract work a/c Dr
To Sundry Creditor a/c

Sundry Creditor a/c Dr
To TDS a/c

Sundry Creditor a/c Dr
To Cash/ Bank a/c

TDS a/c Dr
To Cash/ Bank a/c

In The Books of Payee on Contract amount Received

Sundry Debtor a/c Dr
To Contract Charges a/c

TDS a/c Dr
To Sundry Debtor a/c

Cash/ Bank a/c Dr
To Sundry Debtor a/c

Is This Answer Correct ?    14 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?

1943


While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

1958


what is joint venture?

2089


Reserve Capital and Reserve Capital

2263


fd redeem interest and principal entry in tally

1183


Distinguish between sale and consignment

1976


Expand-------NAST

2157


EXPAND___________NAA

1929


what's accounts payable

12166


purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

1996


in which group under we will open donation and hamali weekly payment account or ledger

2009


What is the defination of job costing, batch costing and contract costing?

4117


We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

2100


Name the Accounting Concepts

2098


How can retify the errors in the trial balance

2250