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how to pass an entry for expenditure by deducting tds for
customer
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Answer Posted / narasimharao.nalam
Ex: Rent paid
Rent a/c dr 5000
Tds payable a/c dr 1000
To Tds a/c 1000
To Mr .x a/c 5000
2) Rent and tds at the time of payment
Mr.x a/c dr 5000
Tds payable a/c dr 1000
To Bank/Cash a/c 6000
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