Page 209 - Office Practice and Accounting 10

Government of Nepal
…………………Office/Department/Ministry
AGF No. 10
J.V.No.: .........
Code B.H. Debit Credit
No. Particulars L.F. No. (Rs.) (Rs.)
Dr. Citizen Investment Fund 12,000
Cr. NR Bank 12,000
(Being amount of Citizen Investment
Fund
deposited.)
Total 12,000 12,000
Receipt No. : ........... Cheque No. : ...........
Received Amount : ........... Cheque amount : ...........
Submitted by : ........... Approved by : ...........
Position : ........... Position : ...........
Date : ........... Date : ...........

c. Income Tax: Income tax is the amount of tax to be paid by staff for their income
out of their salary. Income Tax Act has given certain exemption limit of income
for tax purpose. Government employee has to pay income tax on the income
over the exemption limit. The journal voucher of tax deduction and deposit is
prepared as under:
While deducting Income Tax from salary:

Government of Nepal
…………………Office/Department/Ministry
AGF No. 10
J.V.No.: .........
Code B.H. Debit Credit
No. Particulars L.F. No. (Rs.) (Rs.)
Dr. B.E. salary 21111
Cr. Income tax
Cr. NR. Bank
(Being salary for the month of …..
distributed after deducting Income
tax.)
Total
Receipt No. : ........... Cheque No. : ...........
Received Amount : ........... Cheque amount : ...........
Submitted by : ........... Approved by : ...........
Position : ........... Position : ...........
Date : ........... Date : ...........

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