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Tds payable

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Querist : Anonymous (Querist)
24 August 2013 What is Journal Entry of TDs Payable in a Contractor:

Example:- i raise invoice in abc co. 10000
Co. is deducted TDS in 1000 What is the journal entry in tally.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
24 August 2013 Dr:Expenses Rs.10000
Cr:TDS payable Rs.1000
Cr:ABC a/c Rs.9000
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