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Tds

This query is : Resolved 
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(Querist)
26 October 2010 I want to know in case of a pvt. Ltd. Co. If director recieve salary.what is its entry in tally. And all entry in case of tds deduct on comission.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
26 October 2010 Dr: Director Remuneraion
Cr: TDS
Cr: Director remuneration payable


For TDS on commission

Dr: Commission
Cr: TDS
Cr: Party a/c
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taxindiaconnect

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taxindiaconnect (Expert)
26 October 2010 Dear It is tally or anyother software the entry will reamin same as suggested by Ramesh.
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