When tds is deducted from the payments to suppliers, how the
Entry will appear in books of accounts in tally.
Answer Posted / nilesh
TDS A/C - Dr.
Suppliers A/C -Dr.
To Bank A/c
(being TDS amount Dedecuted from suppliers payment and
remaining amount payment to suppliers and Tds amount deposited.)
Is This Answer Correct ? | 9 Yes | 2 No |
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