Easy Office
LCI Learning

Profession tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 February 2015 If abc co has paid pt on behalf of xyz co then how to pass entry including interest & penalty?

1. abc
to bank
(payment made to abc for paying pt)

2. pt
to abc
(including interest + penalty)

is it correct?
Profile Image

CA Devanand Jethanandani

Profile Image

CA Devanand Jethanandani (Expert)
13 February 2015 Yes it is correct.

But in entry no.2 debit separate amount to PT, Interest and Penalty.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links