Chartered Accountant
4780 Points
Joined March 2009
Following is the entry to be passed:-
Salary A/c Dr. XX
(Grouped under Indirect Exps.)
To Bank / Cash A/c XX
(Grouped under Cash / Bank)
To TDS on Salaries A/c XX
(Grouped under Duties & Taxes)
Commission A/c Dr. XX
(Grouped under Indirect Exps.)
To S.Creditor A/c XX
(Grouped under S.Creditor)
To TDS on Salaries A/c XX
(Grouped under Duties & Taxes)
No Eduction Cess is payable while deducting TDS, so no need to credit Education Cess
Regards,
Devendra Kulkarni