i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.
- 6 Answers
- 6961 Views
- I also Faced
- E-Mail Answers
Answer Posted / urmila
Above Answer is Also Correct But If Your Dont Understand
then I Explain it ... First of All U Received Incentive From
Supplier so Your First Entry Is
Supplier Dr 100000
To Incentive 100000
2nd Time Tds Will Be Deduct From Your Incentive .So You Will
Pass The Entry For Tds
Tds Dr 10000
To Supplier Cr 10000
& the last You Will Received Your Incentive in Cash Or
bank..So It Depend
Cash Dr 90000
Supplier Cr 90000
& i M 100% Sure That This Answer Is Absolutely Correct
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
what is cost taxation
WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
WHAT IS CORPORATE TAX ?
Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
what is the full rate of cst/vat of building material ?
What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.
What items come under deferred tax liability?
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.
How can I Return CST Form-I
