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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2014 ours is a company which has received a proforma invoice from another Co.towards rendering of training charges of rs.72090/-plus service tax of Rs.8910/- 7 gross bill amt is Rs.81000/-.my query is what J.Entries are to be passed here on its initial advance payment & at the time of booking of expenditure on receipt of tax invoice & at what rate TDS is to be deducted & on which amount.whether it is on Rs.72090/- or Rs.81000/- at the time of initial advance payment

Rupesh Jain

Rupesh Jain (Expert)
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16 July 2014 if it is cover under section 194C and deducted TDS with service tax.

and deduct tax when you make payment and entry book when you recd. the invoice.

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