Accounting treatment of service tax in case of advance
MANISH (student ) (172 Points)
06 November 2015MANISH (student ) (172 Points)
06 November 2015
Parveen Lokwani
(Professional)
(70 Points)
Replied 06 November 2015
On 30.12.2015 Cash a/c debited and party account will credited of Rs.100000
On 02.02.2016 Party a/c debited and service rendered(Income) will credited of Rs.10000
(Assume no service tax levy on such services)