Menu
Professional firms
Dear All,
Request you to clarify the following points:
In a professional firm , does the gross receipt includes Fees+ Conveyance reimbursement+Service tax ? Do we need to deduct TDS from the gross receipt and also how the TDS on professional fees accounted for in P & L account?
Thanks in advance.
K.Ganesh
Replies (1)
gross reciept includes service tax but not conveyance.
if it is specifically mentioned as conveyance is included then it is.
or else no.
- Ashi(meritranker.com)
Recent Topics :
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
Related Topics :
CAclubindia
