TALLY -SALARY RELATED DURING LOCKDOWN.
This query is : Resolved
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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.
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.
31 August 2020
If salary was temporarily reduced you should have reduced TDS as well.
26 July 2025
https://docs.google.com/document/d/1u47886qku-ELuCS7taSshh52RdcXUXpymZ2P-Ehm2Sk/edit?usp=sharing
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