TDS Charges Regards


This query is : Resolved 

Quick Summary
This discussion clarifies how to account for the 2% TDS deducted on bank cash withdrawals. It's not a bank charge but should be posted under 'Income Tax Provision' in your company's accounts. This ensures proper financial record-keeping for tax purposes.

30 March 2023 2% TDS is Deducted on Bank Cash Withdrawal. If Our Company Does Not claim So. Can I Show The Deducted amount in Bank Charges..?

30 March 2023 No, its not bank charges.

31 March 2023 Than Where to Show Sir...?

31 March 2023 Post it under 'Income Tax Provision.'


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