Western union money transfer business

Others 862 views 2 replies

HELLO FRIENDS, CAN ANYBODY TELL ME MY CLIENT HAS TAKEN AN WESTERN UNION MONEY TRANSFER AGENCY AND STARTS WORKING, PLS. TELL ME WHAT IS THE ACCOUNTING ENTRIES TO BE DONE 

WHETHER ONLY COMMISION INCOME IS TO BE SEEN FOR SERVICE TAX REGISTERATION

IS THERE ANY SPECIAL LEGAL REQ.

PLS. HELP ME.

THANKS.

Replies (2)

Commission,T.D.S on commission if deducted by Western Union Money transfer,Service tax,Subscripttion fees with FEMA and company

FOR SERVICE TAX REG. RS. 10 LAKH COMMISION TO BE SEEN.

 


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