Benefit treatment under Section 194R
This query is : Resolved
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satish kumar Chauhan
(Querist)
28 August 2025
R/sir
Supplier taken TDS against foreign trip for target achivement. and exps incurred by supplier on forign vist and they have debited Rs. 8000/- to our A/c on A/c of TDS 194-R on Rs 80000/-.what should be correct entry in books:
Capital a/c Dr and Cr to Incentive A/c by Rs. 80000/-
or Traveling Exps DR and Cr to Incentive A/C by Rs. 80000/-
or No need this entry in Books
tahnks to all experts for their prompet reply in advance
Supplier taken TDS against foreign trip for target achivement. and exps incurred by supplier on forign vist and they have debited Rs. 8000/- to our A/c on A/c of TDS 194-R on Rs 80000/-.what should be correct entry in books:
Capital a/c Dr and Cr to Incentive A/c by Rs. 80000/-
or Traveling Exps DR and Cr to Incentive A/C by Rs. 80000/-
or No need this entry in Books
tahnks to all experts for their prompet reply in advance
Dhirajlal Rambhia
(Expert)
28 August 2025
Second option is correct, if it was for business promotion.
Dhirajlal Rambhia
(Expert)
21 September 2025
Good luck....
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