banner_ad

query

431 views 1 replies

HOW CAN WE ADJUST  TDS ANS SERVICE TAX IN  JUST SINGLE ENTRY . PLS TELL  ME THE COMBINED ENTRY.

Replies (1)

Let us assume that the bill is as follows

 

Professional Charges - 10,000

Service Tax                       - 1,030

Total                                   11,030

 

Now, the TDS amount will be 10% of Rs.11,030 i.e., Rs.1,103. .

 

Now the entry will be as follows

 

Expenses A/c Dr 10,000

Service tax credit A/c Dr 1,030


To TDS payable A/c 1,103

To Bank 9,927


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details