Section 194O.

hi, how we can enter an entry of section 194O in the tally.
Replies (3)
Quick Summary
This discussion explains how to enter Section 194O TDS (Tax Deducted at Source) in Tally ERP. It guides users to create a new ledger under 'Duties and Taxes', specifically selecting 'Current Assets' as the group. The instructions provide alternative navigation paths within TallyPrime for creating this ledger, ensuring correct tax accounting.

The same way as for TDS. Enable TDS (tallysolutions.com)

Come under current assets
  1. Gateway of Tally > Create > type or select Ledger > and press Enter.
    Alternatively, press Alt+G (Go To) > Create Master > Ledger > and press Enter.
  2. Enter the Name.
  3. Select Duties and Taxes as the group name in the Under field. choose current assets in duties and taxes. let me know if that option is not there from here How to Set Up Your Books For Tax Deducted at Source (TDS) in TallyPrime | TallyHelp (tallysolutions.com)

 

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