journal entry for rent
This query is : Resolved
13 October 2008
how to pass a journal entry for rent after deducting tds in tally
1st enrty will be Credtior to rent
which is the second entry
1st enrty will be Credtior to rent
which is the second entry
13 October 2008
For making the rent,
Rent A/c Dr XXXX
To Landlord (Creditor) A/c XXXX
For making the payment
Landlord (Creditor) A/c Dr. XXXX
To TDS Payable on Rent A/c XXXX
To Bank / Cash A/c XXXX
Rent A/c Dr XXXX
To Landlord (Creditor) A/c XXXX
For making the payment
Landlord (Creditor) A/c Dr. XXXX
To TDS Payable on Rent A/c XXXX
To Bank / Cash A/c XXXX
13 October 2008
The entry for TDS is to be passed at the time of credit of rent or payment whichever is earlier.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- UDIN ISSUE
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
