Tax Deduction at Source (TDS) and Service Tax Entries in the Invoice

Liz edodd at billiau.net
Tue Nov 29 05:13:24 EST 2016


On Tue, 29 Nov 2016 04:05:03 +0000 (UTC)
Sreedhara R via gnucash-user <gnucash-user at gnucash.org> wrote:

> Thanks a million in advance.
1,000,000 less 100,000 plus 150,000 ??

Can I get this straight??
You quote the price (original example 10,000 Rupees)
>From that price you withhold 10% to pay the taxman
and charge a service fee of 15% on the quoted price ??

We need to know where each part goes in order to advise how to record it


Liz



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