Bank payments
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 February 2013
When we check bank payments, what we have to verify?
07 February 2013
Nothing as Such...Just BRS and Date Wise Fully Entered.
Also Depend on Client
Also Depend on Client
07 February 2013
You can check whether payment has been encashed within 3 months. If not , than it must be shown as stale.
You can also look upon the following:
Proper entry passed
Approvals for payment if required
BRS
You can also look upon the following:
Proper entry passed
Approvals for payment if required
BRS
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 February 2013
Thank u,sir But member subscription charges are paid. Is it tds is deductible on these payments?
07 February 2013
During Bank Payments Audit, TDS Need to be Deducted or not is not to be seen, it should be checked when expenditure audit you are doing or by going to expense ledger.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Sale of property furniture sale
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
