P.tax

This query is : Resolved

SAMIR DESAI (Querist)
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09 February 2012 Dear Sir,

we paid Professional Tax,esi of employee & employer both for the year 2011-12 today than how pass entry in tally

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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09 February 2012 While deducting

Dr: Salary
Cr:Esi payable
Cr:P.T.payable
Cr: Salary payable

For Employer contribution

Dr:ESI employer contribution
Cr ESI payable

ON payment

Dr: ESI payable
Cr: Bank

Dr: P.T. Payable
Cr: Bank

SAMIR DESAI

SAMIR DESAI (Querist)
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10 February 2012 but from apr to feb we not deducted from employee salary now we decided to pay p. tax from comoany account not from employee salary than how pass entry in tally

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 February 2012 Then debit directly salary

Dr:Salary a/c
Cr: Professional tax payable a/c

on payment
Dr: Professional tax payable
Cr: Bank a/c

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