TALLY -SALARY RELATED DURING LOCKDOWN.

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This query is : Resolved

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This discussion addresses how to correctly record salary payments and TDS deductions in Tally when salaries were reduced during lockdown. The user is asking for guidance on making journal entries for a reduced salary payment while still deducting TDS based on the original salary, and how to account for this discrepancy. The advice given is that TDS should have been reduced in line with the salary reduction.

naveen

naveen (Querist)
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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.