Answer Posted / intezar ahmed
In the Books of Payer
for Ex. if TDS on Rent
Rent A/c Dr. 10,000.00
To Bank/ cash 8000.00
To TDS on Rent 2000.00
In the Books of Payee
Bank/ Cash A/c Dr 8,000.00
TDS Receivables A/c Dr 2,000.00
To Rent Received 10,000.00
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