Tds deducted by party on services rendered

Jacky (ACCOUNT EXECUTIVE) (219 Points)

28 July 2014  

Dear all,

Please tell me under which head TDS ledger of TDS deducted by the Sundry debtor on the services offered by our company should be placed. For. E. G We  have raised a bill of

                                                            Rs. 1,06,800/- (Bill amount)

                                                           +        13,200/- (Service tax)

                                                           Rs.  1,20,000 (inclusive of service tax )

Now, Party paid us Rs. 109320/- after deducting 10 % TDS on professional charges. Now Rs. 10,680/- need to be put in TDS on professional services rendered Ledger. So, please tell me under which head should create a ledger of TDS on professional service whether under duties and taxes or --------