09 October 2013
as per our auditors advice we have to charge service tax on rent . they have advised to charge service tax on monthly rent - corporation tax for the month. when i tried to enter the same in tally it is not accepting the voucher. Can any one advise me how to enter the voucher.
17 October 2013
Dear Mr Nageshwar Rao, Rent is your business Income & you have to charge Ser tax on it. XYZ A/c Dr ----------112.36/- Rent Acct Cr 100/- Service tax payable Cr---- 12/- Ed & H S cess payable Cr .36/-
you have to discharge liability on 5th of every month
CAclubindia
