Menu
Transport companies accounts in tally 9
I am changing my job to a transport company. How to start tally 9 there please help.? And please let me know some important regulations about transport companies.? Thanks in advance!!!
Replies (2)
1.Entries are as simple as in other companies. Freight received would be direct income.
2.Ensure no TDS is deducted on freight received if PAN no. is provided to customer.
3.Check whether turnover is exceeding Rs.1000000 in the previous year if yes then keep in mind service tax is to be charged in every bill.
Thanks a lot for help
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
