Tution fee refund

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2014 What is the entry when I received Tut ion Fee Rs.10,000.00 in Feb.2014 & I have to Refund the Tution Fee Today ?

May Deduct Service Tax while making payment?

What is the Entry for that ?

Rupesh Jain

Rupesh Jain (Expert)
Follow

24 April 2014 YOU HAVE TO REFUND THE SERVICE TAX . DUE TO YOU HAVE RECEIVE FEE AS ADVANCE THEN YOU MAKE REVERSE ENTRY MAKE IN FEB -2014.

Querist : Anonymous

Querist : Anonymous (Querist)

25 April 2014 But Sir I want to Refund the Fee in this F.Year then how I pass entry in last Financial Year ?

Kindly explain.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

25 April 2014 in 2013-14 u must have passed follwoing entry as:

Bank a/c....dr 10,000
to Tuition fees recieved 10,000

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

T.N.Reddy

Sreekumar J Pai

asmita gupta

Keshav Dubey

kambamcr@gmail.com

Subscribe Now

Tution fee refund

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANT

Accountant

CA Final

Senior Executive

GST CONSULTANCY