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i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.

Answer Posted / ajay

Supplier A/C -- Dr Rs. 100000/-
Incentive (income) -- Cr Rs. 90000/-
TDS -- Cr Rs. 10000/-

Is This Answer Correct ?    12 Yes 1 No



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