Answer / ravinder.sunkar

t.d.s:-tax deduction at source
type of t.d.s entries are
1. type of payment
2. relevant provisions
3. personal responsible for deduction of tax and
type of payee's

Answer / pradeep banduni

TDS is tax deducted at source of income, deduction of
income as source against liability.

at the time of due

suplier/customer a/c Dr (TDS amount)
To TDS on ( Particular service)

At the time of depositing

TDS DR
To Bank

Answer / rikki

First we should deducted the tds amount from the relevant
party a/c


Sundry Cr... (TDS Amount)
To TDS Deducated


Sundery Cr. (amount after deductingh TDS)
To Bank

Expand----------KIOCL

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