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What is TDS? Post journal entry for that in books of
company.

Answer Posted / sapna agarwal

say if it is professional charges then

professional charges a/c dr
To TDS payable a/c
To party a/c
Then while making payment it is...

TDS payable a/c dr
party a/c dr
To bank a/c

Is This Answer Correct ?    74 Yes 11 No



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