TDS On Payment Made For Advertisement Exp.
This query is : Resolved
Guest
Guest
(Querist)
23 August 2010
I want to know ,if a pvt company make payment for advertisement,then what accounting entry will be passed at the time of payable and while making payment?
CMA Ramesh Krishnan
(Expert)
23 August 2010
For booking Expenses
Dr: Advertisement exp a/c
Cr: TDS payable a/c
Cr: Party a/c
For Payment to party
Dr: Party a/c
Cr: Bank a/c
For Making TDS payment to Govt
Dr: TDS payable a/c
Cr: Bank a/c
Dr: Advertisement exp a/c
Cr: TDS payable a/c
Cr: Party a/c
For Payment to party
Dr: Party a/c
Cr: Bank a/c
For Making TDS payment to Govt
Dr: TDS payable a/c
Cr: Bank a/c
Message likes :
1 times
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- TDS on Dashcam rent and allied services
- GSTR-9C filing
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- Gift to nri relatives residing in usa
- ETDS return q4 25-26
- Applicability of tax on invoice
- IMS (import of goods) ITC related
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
