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Please tell me how to pass entries in a proprietorship shop which deals in sales of computer parts & accessories through online sites like snapdeal and it transfers amount by neft after collecting though customer and by deducting its merchant cut.. please provide me entries regarding sales, vat, tds and receipts. |
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Accounting for online sellers
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Read it
https://www.nolo.com/legal-encyclopedia/how-sole-proprietors-are-taxed-30292.H T M L
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