Accounting entry

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

25 December 2013 My client had been selected for tax audit scrutiny. The audit team determined that we should pay Rs. 11150=00, Rs. 257=00 and Rs. 6990=00 as service tax for the last three years. As these amts are relatively small, we paid these in Jan 2013. What should be the accounting entries as I had to finalize their books and file ITR. Kindly provide the entries and oblige.

CA DHEERAJ

CA DHEERAJ (Expert)
Follow

25 December 2013 YOU CHARGED SUCH AMOUNT IN P&L a/C AS PRIOR PERIOD ITEM

SERVICE TAX DEMAND a/C DR 18397
TO SERVICE TAX PAYBEL AC 18397

SERVICE TAX PAYBEL A/C DR 18397
TO BANK 18397