How do you adjust VAT and TDS in journal ?

Answering this question, it would be best by mentioning examples.


Nepal Trading paid Rs 10000 to I Management pvt including 13 % VAT and TDS 1.5 % as it service nature industry?


I Management Booking Keeping 

Nepal Trading a/c        11150.00

TDS receivable a/c      150

To Sales a/c                                    10000.00

To VAT a/c                                    1300


Nepal Trading Booking keeping

Consultancy fee a/c      10000.00

VAT a/c                        1300.00

To I Management                         11150.00        

To TDS Payable                            150