Dear All, how can I know that whether TDS deducted on payment is deposited to government or not. & how to make the entry in tally, if suppose I have received 9000 after deduction of 1000 rupees as TDS. Under which head TDS account will go.

Dear Sir,
On payment of Salaries I am making the following entry:
Salaries Dr. 10000 (Gross)
To Cash Cr. 10000
and
Cash Dr.1000
To TDS Cr.1000
i.e. I am showing TDS as receipt on making Gross Salaries a/c. Whenever I am paying TDS I am making the Entry as:
TDS Dr. 1000
To Cash Cr. 1000
Someone asked me to make entry as:
Salaries Dr. 9000
to Cash Cr.9000
and on payment
TDS Dr.1000
To Cash 1000

Please suggest me which one is correct. What are accounting methods.
-Mohan

can fully paid preference shareholders be given bonus shares? Are bonus shares only for equity shareholders and convertible debentureholders . Pls tell anyone Thank u in advance

Dear Sir,

how to entry in tally gold loan, with ledger and group

pl guide me for provision of Advance Tax under Income Tax Act 1961, and what is due date of deposit of advance tax.

dear sir/madem swach bharat cess monthly deposited hoga ya qtrly or sbc ko service tax ki return file karte time kaha per show karna hoga

in my 26AS TDS deducted by one party but their is no income generated by me. file under scrutiny and ito add back the income which was not claimed by me. not able to trace the party also. please help.

A company hires contractor to provide some labour for in house job work within the the company and deducts PF & ESI on the behalf of the contractor?? Can the service be termed as manpower just only the company deducted PF and ESI??All the agreements between the contractor and company is of job work??

I have a query in the chapter of Valuation. Please solve the following question
Smart co. Ltd. has free cash flow of Rs. 19 lakh and is expected to grow at the rate of 26.5% for the next 5 years. Its ratio of investment to after tax NOI is 0.5. The applicable tax rate is 30%. Smart's cost of capital is 10%. After the period of super normal growth Smart Ltd. is not expected to grow any furhter. What is the Value of Smart Ltd.

One of my client, who is a Manufacturing Entity, Purchases Raw Material on 31/03/2015 and Invoice generated by supplier on that date, but material received on 05/04/2015.
whether this purchases show in F.Y. 14-15 financial statement or 15-16 Financial Statement ?
If show in F.Y. 14-15 which accounting head preferred?