Clearing house agent - accounting - tds

You can account all them by maintaining different ledger account. The Income part of CHA agency is only the amount received against his services and also this amount is eligible for TDS .

Rajesh

sir than q for your reply,

but my point is all these are reimbursible expenses so shall we have to account each under different heads like contra account. if so where it has tobe grouped is it under current assets a/c. and as far as tds is concerned client will deduct tds on entire amount is it correct. and what abt tds tobe deducted by us on freight charges etc.,

kindly give reply.

regards,

ram narayana agnihotram