CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

Journal entry for tcs1% on car purchase by firm


Rajesh TM (Accounts Manager)     24 November 2018

Rajesh TM
Accounts Manager 
 109 points

View Profile | My Other Post

thank you sir

prasad Nilugal (Accountant and GST Practitioner . )     24 November 2018

prasad Nilugal
Accountant and GST Practitioner .  
 298 likes  4505 points

View Profile | My Other Post

Well come sir , TCS  is like paying Tax  in advance so its under  Loans & advance  (asset ) .Its always better to take  Invoice in firms name with GSTN  because  it  Important  for Audit  purpose .

2 Like

prasad Nilugal (Accountant and GST Practitioner . )     24 November 2018

prasad Nilugal
Accountant and GST Practitioner .  
 298 likes  4505 points

View Profile | My Other Post

Sir I request you to confirm with others also .


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »