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Tcs accounting

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2016 How to account TCScollected from the buyer as per the new rule w.e.f 01-06-2016
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Rupesh Jain

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Rupesh Jain (Expert)
06 June 2016 You pass the entry

cash a/c 501000
to debtors 500000
to TCS collected 1000
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