IN THE COMPANY 'X' PERSON INJURED AND HE GOT TREATMENT
FROM HOSPITAL AND COMPANY GIVEN THE AMOUNT RS 950/- AND
DEDUCTED TDS AMOUNT RS 50/- WE GIVEN THE PAYMENT BY CHEQUE
TO THAT HOSPITAL THEN WHAT WILL BE THE ENTRY
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Answer Posted / faiz
it is not service it was exp so tds is not applicable
entry will be
HOSPITAL EXP A/C DR...950
TO CASH\BANK 950
TDS NOT APPLICABLE BECAUSE IT IS EXP NOT SERVICE OR CONTRACT
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