Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Tds on interest

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2012 Hi, How to account for Tds deducted on accrued interest by bank ? kindly tell me the journal entry. WOuld it be:-

Interest Accrued Dr.(Whole amt)
TDS Dr.
To interest rcvd ( Net amt)

kindly correct me

CA Navin Jain

CA Navin Jain (Expert)
Follow

11 June 2012 YOU ARE CORRECT

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2012 thanks sir

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2012 How to account if we have prematured FD and received interest in the following days

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

11 June 2012 Bank A/c Dr
TDS Receivable A/c Dr
To Interest

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Rasheed Mohd Abdul

Rasheed Mohd Abdul

Pro Member suresh kotte

suresh kotte

Pro Member K.S. ANANTHARAJAN

K.S. ANANTHARAJAN

Pro Member ajay agrawal

ajay agrawal

Pro Member Akhilesh Chandra

Akhilesh Chandra

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

22 May 2026

Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details

23 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

19 May 2026

Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details

04 June 2026

Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details

19 May 2026

Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details

ARTICLESHIP 17 May 2026

CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details

29 May 2026

Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details