what is the accounting treatment of service tax on telephone expense!
Menu
s t
Replies (2)
If you are service providing company, then you can claim the input credit of service tax paid on telephone expense. Entry will be in this case is
Telephone Expense Dr.
Input Tax Service Tax Dr.
To Bank A/c Cr.
but there should be a nexus between the final servcie provided and telephone expense incurred...
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
