Tds entries
This query is : Resolved
12 May 2014
I use to pay rent for property rs 51000 per month, end of the financial year how shoul i make entries for TDS in my account book after payment of TDS.
12 May 2014
1)
Rent A/c Dr Rs 51000
To TDS Payable on Rent A/c Rs 5100
To Bank A/c Rs 45900
(Being Rent paid after deduction of TDS)
2)
TDS Payable on Rent A/c Dr Rs 5100
To Bank A/c Rs 5100
(Being TDS Deposited)
Rent A/c Dr Rs 51000
To TDS Payable on Rent A/c Rs 5100
To Bank A/c Rs 45900
(Being Rent paid after deduction of TDS)
2)
TDS Payable on Rent A/c Dr Rs 5100
To Bank A/c Rs 5100
(Being TDS Deposited)
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Medical reimbursement of hospitalization
- PTEC Registration
- Where to show STCG on Silver ETF in ITR2
- KVP (KISAN VIKAS PATRA ) Matured in F.Y. 2024-25
- STCG ITR filing for ETF SILVER
- Accounting for non refundable grant received under National Livestock Mission Scheme.
- CAPITAL GAIN ITR
- Individual received money from father need to show in itr
- Cash deposit in individual account more than one crore in FY24-25
- Gratuity amount not mentioned in form 16
- EXCESS CREDIT REALTED GST REVERSAL
- Income Tax and FEMA Implications for Receiving Equity Stake in a UK Company as CTO
- Crumb Rubber
- HUF Gifts
- Need Help for US CPA
- ITC Liability on Capital Goods on death of Proprietor (GTA)
- Subject: Clarification on Applicability of E-Invoicing and 30-Day Reporting Requirement under GST
- GOODS SENT TO INTERSTATE BRANCH FOR EXHIBITION ON DELIVERY CHALLAN & GOODS RETURN BACK
- TRUST QUERY INCOME APPLIED
- Credit from Office of Regional Provident Fund Commissioner
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
