Treatment of lottery draw
This query is : Resolved
29 May 2015
My friend distributed a car of RS 500000
as per tds rules tds @30% deducted
what is the accounting entry of this transaction in the books
as per tds rules tds @30% deducted
what is the accounting entry of this transaction in the books
29 May 2015
Business promotion exp.
to Tds payable a/c
to Bank a/c
to Tds payable a/c
to Bank a/c
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