Accounts query
NAMAN SINGLA (C.A.) (37 Points)
23 February 2012NAMAN SINGLA (C.A.) (37 Points)
23 February 2012
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 24 February 2012
IN the books of the hospital the entry would be as follows:
Client A/c Dr 3,00,000
To Income Account 3,00,000
In the books of the Client Entry would be as follows:
Bank A/c Dr 50,00,000
To Hopsital A/c 3,00,000
To- Referral Doc’s Fees 1,00,000
To- Income account 1,00,000
thne after that:
Hospital Dr 3,00,000
Referral Doc Dr 1,00,000
To Bank 4,00,000
Bill of Rs. 5,00,000 should be raised by the client. Bill of Rs. 2,00,000 should be raised by the Hospital on the client.
NAMAN SINGLA
(C.A.)
(37 Points)
Replied 27 February 2012
First of all Thank you Giridhar,
If client will issue a bill of Rs. 5 lakhs then he has to charge service tax on Rs.5 lakhs.
If hospital issues a bill for its service of Rs.3 lakhs directly to patient then there is no service tax, so issuing a bill of Rs. 5 Lakhs will increase cost to patient.
So plz clear
Banks Banking Portal
(Banks in India)
(22 Points)
Replied 29 February 2012
Totally 5laks issued from banks to client.that patient treatment is 3laks remaining amount 1 laks gave to doctor and 1laks to patient service this amount goes to client.I got one decent site for finance to banks you can visit this
https://banksindia.net |
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961