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...

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?

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


Please Help Members By Posting Answers For Below Questions

what is payment written

2095


goods worth rupees 440 distributes free among the poor?

2136


capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1615


Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

1927


Tell us do you have any idea about service tax or excise?

1080


salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1653


What are depreciation and amortization?

1154


Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.

2222


SHADOW BALANCE SHEET

13712


Define depreciation and its types?

1165


I select in Vendor Master - in defualt data material - Purchasing Group as a Subcontractor but how to get report or list only Subcontractor Vendor Master in sap?

2069


If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

1455


WHERE WE CAN USE VAT 5%,14.5%

2638


What does the investment of personal assets by the owner will do?

1147


what is the enty for contract bill raised?

2477