how to do T.D.S entries in account books

Answer Posted / nitin kumar 971783002

transport a/c dr.
to party


party a/c dr
to tds payable

tds payable a/c dr
to bank/cash

Is This Answer Correct ?    9 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hello Sir, Please send the knowing calculation of attrition rate?

1827


If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?

1491


Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

1514


WHEN FORM VAT R-2 USE?

1637


explain the special provisions for computing profit and gains of retail business

1664






Define assessment year.

731


My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?

1809


What is Form 12A & Form-H and where is applicable.

4110


SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A

1183


Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.

1786


How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.

1663


Rules for filling Income Tax return for a domestic manufacturing company.

1992


what is the circle of tds and its rate chart

4847


Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.

1602


A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?

1538