Tds query in tally
This query is : Resolved
CA Vitrag S Modi
(Querist)
14 May 2013
Dear sir,
I am using TDS features in TALLY. In one of the party (194J-Prof service), TDS was not deducted till the limit of 30,000/- was not crossed. On crossing the limit, tds was deducted but it was deducted only on that bill. On other earlier bills, no tds deducted. Now pls suggest me how to deal with it?
Thanx.
I am using TDS features in TALLY. In one of the party (194J-Prof service), TDS was not deducted till the limit of 30,000/- was not crossed. On crossing the limit, tds was deducted but it was deducted only on that bill. On other earlier bills, no tds deducted. Now pls suggest me how to deal with it?
Thanx.
CMA Ramesh Krishnan
(Expert)
14 May 2013
In tally, system will not understand the threshold limits for vendor. you need to correct the tds amount manually for that transaction and further need to deduct normally for the vendor
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