How to calculate TDS on advertisement?Any one show me one
example?.
Answer Posted / rajesh
Here you go!!!
Dr Advertisement Charges 10103
CR TDS Payable 103
CR XXX ( Party Name 10000
( This should be made in Journal Entry. And the Narration
is Being the 1.03 % TDS Deducted for Rs.10000/-.)
in this Rs.10000/-. to be paid to Party & Rs.103/-. to be
paid to Income Tax
| Is This Answer Correct ? | 30 Yes | 15 No |
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