What entry will be passed if tds is lesser than the income tax


ARTICLE STUDENT

journal entry for income tax paid when tds is lesser than income tax for personal accounts purposes

 
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Practice

Dr Income Tax Payable
Cr Bank(Self Assessment Tax paid)
Cr TDS Receivable
 
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Deputy Manager-Accounts & GST Consultant

Agree with the above entry..

 
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ARTICLE STUDENT

Thanku Sir
 
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