For service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2013 in case of Tally entry.....service tax payble open ledger under head duties and taxes, but my querry is service tax receivbe open under hear.............? in tally plz define

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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14 June 2013 Service tax receivable also need to create under duties & taxes head only

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2013 thanx sir give me feed back

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Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2013 sir my Question is service tax receivble create under head ( duties & taxes ) and tds receiable creat under head (current asset) in tally, why creat under head diffrent ,bec both rare same receible..can you define me sir ......why both arer diffrent....can you give me best example i thankfully yours

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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19 June 2013 Service tax input can be adjusted with your service tax payable.

TDS receivable can not be adjusted with your TDS payable. only you can adjust with your income tax payable on year.