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Ra bills entry

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2014 SIR,
1.can u please tell me the entry for R.A.BILL in books of a/c.?
2.and tds applicability on that
thanks in adv
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
08 January 2014 RA bills first account as related Works account,


Dr: Works A/c
Cr: Vendor

TDS will apply as per nature of works subject to TDS provision

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