TALLY -SALARY RELATED DURING LOCKDOWN.

This query is : Resolved

naveen (Querist)
Follow

26 August 2020 Dear Sir,

I WANT TO ASK A QUERY REGARDING TALLY- SALARY RELATED DURING LOCKDOWN
AS AN EXAMPLE ONE PERSON SALARY ENTRY OR ENTRY BEFORE LOCKDOWN

SALARY A/C -Dr. 65000
TO TDS ON SALARY 6761
TO AJAY SALARY PAYABLE 58239

MY QUERY IS DURING LOCKDOWN WE PROVIDE THEM SALARY Rs.35000 IN AJAY ACCOUNT BUT IN TDS RETURN WE DEDUCT Rs.6761/- FROM APRIL TILL JUNE 2020.
WE DEDUCT HIS SALARY ON THE BASIS OF LEAVES .
HOW TO MAKE ENTRY REGARDING THIS PLEASE SUGGEST UNDER WHICH LEDGER (UNDER LEDGER HEAD) WE WILL SHOW DEDUCTABLE AMOUNT.
SO THAT ACCOUNTS LOOK PERFECT.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

31 August 2020 If salary was temporarily reduced you should have reduced TDS as well.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

26 July 2025 https://docs.google.com/document/d/1u47886qku-ELuCS7taSshh52RdcXUXpymZ2P-Ehm2Sk/edit?usp=sharing

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.K.RAMAKRISHNA. PRABHU

T E SOUNDARARAJAN

CA Varun Gupta

Rohit Sachdeva

CA. MOHIT SHARMA

Subscribe Now

TALLY -SALARY RELATED DURING LOCKDOWN.

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA