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Categories  >>  Accounting  >>  Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
MY QUESTION IS

1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS 
2. WHEN AND TO WHOM I DEDUCT TDS
3. JOURNAL ENTRY FOR ALL TDS TRANSCATION
5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP
6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS
 Question Submitted By :: Sakthi_135
I also faced this Question!!     Rank Answer Posted By  
 
  Re: MY QUESTION IS 1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS 2. WHEN AND TO WHOM I DEDUCT TDS 3. JOURNAL ENTRY FOR ALL TDS TRANSCATION 5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP 6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS
Answer
# 1
TDS PAYABLE A/C
UNDER GROUP OF INDIRECT EXPENSES CREATED IT

Debit the party or invidual a/c creadit should given to tdS
payable account.

ALL CONTRACTORS WHOSE HAVING PAN NUMBERS DEDUCTED GROSS
AMOUNT 2% TDS DEDUCTED APPLIED.ON INCOME,MANPOWER AND
TRANSPORTION TDS SHOULD BE DEDUCTED.

TDS CERTICATES ISSUED TO DEDUCTED PARTIES FOR EVERY
FINANCIAL YEAR.
 
Is This Answer Correct ?    0 Yes 2 No
Syed Shakir Ali
 

 
 
 
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