Rent paid for using Tally software
This query is : Resolved
30 March 2011
Kindly please let me know what is accounting entry for ussintg Tally software on Rentaly basis & Is it applicable on TDS.
Regards
Denis
Regards
Denis
31 March 2011
In my view TDS to be deducted u/s 194C.
Entry:
Rent on Software A/c Dr
To Party A/c
Party A/c Dr
To TDS Payable A/c
To Bank A/c
Entry:
Rent on Software A/c Dr
To Party A/c
Party A/c Dr
To TDS Payable A/c
To Bank A/c
14 April 2011
Rate of TDS:
Individual / HUF 1%
Others 2%
No PAN 20%.
Individual / HUF 1%
Others 2%
No PAN 20%.
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
- Flat purchase in name of myself,my wife and son
- Tax on Goodwill on LLP
- Procedure to surrender export incentive
- Capital Gain Tax & Exemption us 54
- Reverse charge on commercial property
- Registration of Articleship
- Capital gain tax after 23 jul 2024
- 26Q TDS UTILITY IN NSDL TIN LATEST UTILITY DOWNLOAD LINK
- Regarding Section 40A
- Slight spelling change in PAN Surname
- Drafting Grounds of Appeal under Service Tax
- TDS on Crypto section 194S
- GST Practitioner Details
- MSME Reporting in 3CB-CD
- SECTION 50AA SHORT TERM CAPITAL GAIN IN CASE OF MLD
- GSTR 3B and GST Challan payment
- How to surrender Duty Drawback
- ITC Reversal & re-claim statement [FY 2023-24]
- Regarding required stamp
- Alcohol (article 366(12A))
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
