journal entry

muje 1lakhs rupee ka interest xyz company Ko paid krna h Mene 10% tds deduct kra Orr baki payment krna h iski due Orr payment ki entry Bata do.....
Replies (3)

When interest is credited in A/c:

Dr. Interest Paid
Cr. TDS u/s 194A
Cr. Party A/c

When payment is made to Party:

Dr. Party A/c
Cr. Bank A/c

thank u very much thank u
Once Tds payment is made, please pass.
Tds u/s 194A
To Bank account.

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