what is TDS
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Answer / ashwini dodke
TDS means Tax Deducted At Sources.i.e means depends upon your income on deducted tax.
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1. we pay rent of Rs:62500/= for that we deduct tds =6250.00 and the landlord claim service tax 6437.10(62500*10.3/100), we normaly paid on 05th of next month. My Question is 1. What is the Journal Enrty for this 2. Journal Entry when at Payment of TDS Please help me Regards sakthi
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