Professional firms

Ganesh (CA Practice ) (91 Points)

22 September 2014  
Dear All, Request you to clarify the following points: In a professional firm , does the gross receipt includes Fees+ Conveyance reimbursement+Service tax ? Do we need to deduct TDS from the gross receipt and also how the TDS on professional fees accounted for in P & L account? Thanks in advance. K.Ganesh