Interested to Buy Any Domain ? << Click Here >> for more details...
Suppose a person is paid @ Rs.1 Lac Per Month for 2 months
by the Owner/Director prior to the Company's incorporation
for Managerial work and that person continues to work with
the Company . Is the Director liable to deduct TDS on his
Employee's Salary before incorporation also? And when the
Company is incorporated after 2 months, Is it possible to
show this expenses as Pre-incorporation Expenses?.What would
be treatment for Salary Paid and TDS Deducted when the
Company is incorporated? How will we give TDS Certificate to
the Employee at the end of the Financial Year?
- 1 Answers
- 2955 Views
- TCS, I also Faced
- E-Mail Answers
Answer Posted / prathamesh
Salary a/c dr.
Tds a/c dr.
To bank a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
What is vat adjustment?
How the Depreciation will calculate in Company?
What are premises in accounting sense? What is vat adjustment?
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50
i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir
Recent trends in Corporate Governence?
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
What is the difference between perpetual & periodic inventory system?
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
Why Company maintain's books of account?
What is Capital Commitments means?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Sir i want to ask that if the salary above 6500/- than also pf deduct.
