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Head for a particular exp.

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28 August 2013 What is the right head for booking the following expense in the books of accounts:-
A construction company gives a subcontract to complete a project and deduct TDS on the contract basis & make payment. What will be the right name of the expense head for Such payment?

28 August 2013 Incase you are subcontracting your contract, then debit as Work contract expenses under direct expenses



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