Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / srinivas
tds is tax deduction at sources tds computation is follow through chart and
entry
when the tds deducted from party
Tds Receivable or party A/c
To Tds deducted and Payable
When the payment made monthly tds
Tds Deducted and Payable...dr
to Bank Or cash
Tds receivable on the financial year last
Provison for tax A/c ...Dr
To Tds receivable
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is a difference between public and private accounting?
How P/E ratio usefull to the different people?
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
Tell us how can you define departmental accounting?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
How to make a vat entry in books including setoff?
What are the various systems of accounting? Explain them.
what will be the entry for inventory
What is Statory Books ?
Explain what are the accounting events that are frequently involved in compound entries?
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
When we paid TDS on commission how will journal entry come
