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what are the type of t.d.s. entries ?

Answers were Sorted based on User's Feedback



what are the type of t.d.s. entries ?..

Answer / ravinder.sunkar

t.d.s:-tax deduction at source
type of t.d.s entries are
1. type of payment
2. relevant provisions
3. personal responsible for deduction of tax and
type of payee's

Is This Answer Correct ?    2 Yes 1 No

what are the type of t.d.s. entries ?..

Answer / pradeep banduni

TDS is tax deducted at source of income, deduction of
income as source against liability.

at the time of due

suplier/customer a/c Dr (TDS amount)
To TDS on ( Particular service)

At the time of depositing

TDS DR
To Bank

Is This Answer Correct ?    0 Yes 0 No

what are the type of t.d.s. entries ?..

Answer / rikki

First we should deducted the tds amount from the relevant
party a/c


Sundry Cr... (TDS Amount)
To TDS Deducated


Sundery Cr. (amount after deductingh TDS)
To Bank

Is This Answer Correct ?    0 Yes 2 No

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