Journal entry under service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2014
how we can make a journal entry of service received on manpower supply services.
Service provider is partnership firm and service receiver is company..
manpower Bill amount is 5 lacs.(Exclusive of service tax amount)
Thanks in advance
Service provider is partnership firm and service receiver is company..
manpower Bill amount is 5 lacs.(Exclusive of service tax amount)
Thanks in advance
16 May 2014
COMPANY DR 5 15 450/-
TO GROSS BILLS 5 00 000/-
TO S TAX PAYABLE 15 450/-
JOURNAL ENTRY
-------------------------------------------
BANK DR 5 15 450/-
TO COMPANY 5 15 450/-
CHEQUE RECEIVED
-------------------------------------------
S TAX PAYABLE DR 15 450/-
TO BANK 15 450/-
S TAX PAID
=----------------------------------------
TO GROSS BILLS 5 00 000/-
TO S TAX PAYABLE 15 450/-
JOURNAL ENTRY
-------------------------------------------
BANK DR 5 15 450/-
TO COMPANY 5 15 450/-
CHEQUE RECEIVED
-------------------------------------------
S TAX PAYABLE DR 15 450/-
TO BANK 15 450/-
S TAX PAID
=----------------------------------------
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- TDS on property - Form 141 query
- Type of Capital Gain
- Gst on travel by air for business purposes
- Taxability of credit in canara bank ET & T section (NRO)
- Loss of interest in PF transfer from EPFO to Trust
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Residential status of non resident
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
