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Tds entries

This query is : Resolved 
 

(Querist)
17 November 2012

WHAT ARE THE BASIC ENTRIES FOR TDS
PLEASE EXPLAIN WITH A EXAMPLE LIKE FOR SALARY


CA. Gireesh Tawri (Expert)
17 November 2012

For payment of Salary :
Salary A/c Dr.
Bank A/c Cr.
TDS Payable A/c Cr.


For payment of TDS :
TDS Payable A/c Dr.
Bank A/c Cr.



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