Amit Kumar (Accountant) (276 Points)
10 September 2014Dear All,
I would like ask a question that how can we pass entries for TDS on salary in tally there is no implementaion is posted through tally waiting the right answer
Please reply
Thanks in Advance
Amit Kumar
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3303 Points)
Replied 11 September 2014
Salary a/c Dr (with actual gross salary amount)
To TDS payable a/c
To Concered Bank account
At the time of payment TDS to income tax department. The entry will be.
TDS payable a/c Dr ( with only TDS amount)
To Bank a/c
Suneel Chauhan
(14 Points)
Replied 02 February 2017
| Originally posted by : Rama chary | ||
 |
Salary a/c Dr (with actual gross salary amount) To TDS payable a/c To Concered Bank account At the time of payment TDS to income tax department. The entry will be. TDS payable a/c Dr ( with only TDS amount) To Bank a/c |
 |
Suneel Chauhan
(14 Points)
Replied 02 February 2017
as example
by-Salary A/c Dr 35000
to-tds payble a/c 3500
to -my bank name a/c ya co.bank name a/c
CAclubindia
