HELLO GOOD MORNING EVERYONE
Sir mein ek accountant hu
Sir mera question yeh hai ki mujhe ek client ka tds katna hai aur us client ne mujhe bill issued karke diya hai do
so usne jo phle bill diya hai uska amount hai 30100
aur jo dusra bill hai diya hai uska amount hai 27800
toh sir mujhe yeh samjh nhi aa raha ki TDS kis bill amount per katna hai aur kitne amount per katna hai
pure 30100 pe
ya 27800 pe.
and make the journal entries also
please everyone.
15 Replies
sabyasachi mukherjee
(27579 Points)
Replied 04 April 2023
Always gross bill is the amount on which tds is deducted not on the amount inclusive of gdt.
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 05 April 2023
Aapko TDS basic value pe deduct karna hai. Matlab, invoice value excluding GST pe katna hai.
Agar 2 invoices hai, aur dono pe TDS applicable hai, toh dono pe TDS katna hai.
Gagan Kaushik
(96 Points)
Replied 05 April 2023
But sir ek confusion hai vo yeh hai ki dusra bill jo hai 27800 ka us bill ne toh limit cross nhi ki 194C ke according toh is pe TDS Kaise applicable hoga
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 05 April 2023
Agar pure saal mai Rs. 1lac cross nahi hua, toh 27800 ke bill pe TDS deduct karne ka requirement nahi hai.
Gagan Kaushik
(96 Points)
Replied 05 April 2023
Ha sir pure saal me kaval do he bill raise hue hai
toh sir kaval ek pe he TDS deduct hoga na 30000 vale pe
aur i have a small request to you and everyone please pass the journal entries and every entire under which head in balance sheet
toh sir kaval ek pe he TDS deduct hoga na 30000 vale pe
aur i have a small request to you and everyone please pass the journal entries and every entire under which head in balance sheet
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 05 April 2023
Expenses { Whatever ) A/c Dr.
To Tds Payable A/c
To Party/Supplier/Vendor A/c
Gagan Kaushik
(96 Points)
Replied 05 April 2023
Okay sir but under which head in balance sheet
and jo expenses hai usme naam kya likhna hai
and jo expenses hai usme naam kya likhna hai
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 05 April 2023
jo bhi kharcha rahega jaise agar labour charges hai to aap uske according expenses book karo , tds under provision & supplier under creditors .
Gagan Kaushik
(96 Points)
Replied 05 April 2023
Okay sir and thank you everyone but I have only one doubt Narendra sir 194C mein labour charges ke bare mein kabhi nhi suna toh sir please explain to me a little bit about that
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 05 April 2023
Labour contract base par hai to under 194 c me hi aayega .
Gagan Kaushik
(96 Points)
Replied 05 April 2023
Hello Narendra Sir
Sir gst related questions hai please sir yeh aur explain kar dijiye
aur vo yeh hai.👇
1.Sir mera question hai gst se related ki agar mujhe kisi ko cash ka bill katna hai sales ka jis ke pass GST registration number nahi hota hai toh mein kitna tak ka kaat sakta hu.
2. Aur mere second question yeh hai ki agar mujhe kisi ko cash mein payment karni hai toh kitne Tak ki kr sakte hu.
3. Aur mera akhir questions yeh hai ki agar mujhe koi person cash main koi payment karta hai toh kitne amount tak mein cash receipt kar sakte hu.
Sir gst related questions hai please sir yeh aur explain kar dijiye
aur vo yeh hai.👇
1.Sir mera question hai gst se related ki agar mujhe kisi ko cash ka bill katna hai sales ka jis ke pass GST registration number nahi hota hai toh mein kitna tak ka kaat sakta hu.
2. Aur mere second question yeh hai ki agar mujhe kisi ko cash mein payment karni hai toh kitne Tak ki kr sakte hu.
3. Aur mera akhir questions yeh hai ki agar mujhe koi person cash main koi payment karta hai toh kitne amount tak mein cash receipt kar sakte hu.
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 05 April 2023
1. Seller ke liye aisi koi badhyata nahi hai wo ek din me 200000 tak ek din me bill kaat sakta hai lekin kharidne waale ko dikkat ho sakti hai .
2. Cash Payment 10000 tak hi kar sakte hain . lekin agar freight ya transport ki karni hai to 35000 tak hi kar sakte hai .
3. ek din me 200000 tak cash le sakte ho . halaki kuch apwad bhi hai .
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