tax videos
Question
HOW TO RECORD FOLLOWING TRANSACTION
SALES : 100000
TRANSPORATION : 10000
OUT PUT VAT @4% 4400
ADD OUTPUT VAT @1% 1100
Accounts Tax GST
Oct. 4, 2016, 1:31 p.m.
Answer
DEAR SIR,
HOW KNOW RECEIVE TDS RECEIVED... TDS DEPOSITED IN UNDER .......
i think esi gross salary got increased old one is 15000 and now new one is 21000. please make correction if im wrong
hello sir i want to ask ?
Our company taken secured loan from bajaj finance .
We deposit monthly Instalment.
PAss Entry
Bajaj Finance Dr :42939
Interest on secured Loan Dr: 13145
To Punjab National Bank Cr. 56084
Note : Interest Taken From Loan Statement.
Question is
why Tds Deduct on it and which section it will be count & require entry.
Accounts Tax GST
Oct. 2, 2016, 9:18 p.m.
Answer
Hii,
1.When bill is raised against services along with the service tax what entry will be passed??.
2. Amount received against bill raised but after deducting TDS 2% then what will be the entry??
Record petty expenses of last month Rs. 4200/- stationery, Rs. 2900/- food expense, Rs. 4120/-Repaird & maintenance, Rs.690/- pertrol expense.
Out of bill 456.Mr. Prabhu returned washing machines, and send balance payable by cheque, whi ch we deposited in cc a/c.
Paid auditing charges Rs. 18000 for last year by cc a/c cheque (provision was made only for Rs 17000)
Whirlpool accepted claim of 19 machines, as two machines were sold 1day prior to declaration of scheme, and send us credit note