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how to pass an entry for expenditure by deducting tds for
customer

Answer Posted / narasimharao.nalam

Ex: Rent paid

Rent a/c dr 5000
Tds payable a/c dr 1000

To Tds a/c 1000
To Mr .x a/c 5000

2) Rent and tds at the time of payment

Mr.x a/c dr 5000
Tds payable a/c dr 1000

To Bank/Cash a/c 6000

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