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Hi to All any body pls. tell me the entry for tds in salary
example-- one employee salary 25000 tds will be 1000
how to deduct and what will be the entry for above
transactions

Answer Posted / khan

Simple Answer is

Salary A/c Dr.25,000

To Cash/Bank A/c 24,000
To TDS A/c 1,000

Is This Answer Correct ?    10 Yes 1 No



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