P.tax
This query is : Resolved
09 February 2012
Dear Sir,
we paid Professional Tax,esi of employee & employer both for the year 2011-12 today than how pass entry in tally
we paid Professional Tax,esi of employee & employer both for the year 2011-12 today than how pass entry in tally
09 February 2012
While deducting
Dr: Salary
Cr:Esi payable
Cr:P.T.payable
Cr: Salary payable
For Employer contribution
Dr:ESI employer contribution
Cr ESI payable
ON payment
Dr: ESI payable
Cr: Bank
Dr: P.T. Payable
Cr: Bank
Dr: Salary
Cr:Esi payable
Cr:P.T.payable
Cr: Salary payable
For Employer contribution
Dr:ESI employer contribution
Cr ESI payable
ON payment
Dr: ESI payable
Cr: Bank
Dr: P.T. Payable
Cr: Bank
10 February 2012
but from apr to feb we not deducted from employee salary now we decided to pay p. tax from comoany account not from employee salary than how pass entry in tally
10 February 2012
Then debit directly salary
Dr:Salary a/c
Cr: Professional tax payable a/c
on payment
Dr: Professional tax payable
Cr: Bank a/c
Dr:Salary a/c
Cr: Professional tax payable a/c
on payment
Dr: Professional tax payable
Cr: Bank a/c
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