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TDS Receivable TDS Payable

It is the job of the Deductee

It is the job of the Deductor
We need to pass entries for
  • Income
  • Receipt
  • TDS Receivable

We need to pass entries for

  • Expense
  • Payment
  • TDS Deduction and Deposit
We need to
  • Collect TDS Certificate
  • Match with Form 26AS Online
  • Deduct TDS from Income Tax in ITR

We need to

  • Fill TDS Challan
  • File TDS Return
  • Issue TDS Certificate
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Transcript

TDS Receivable TDS payable It is the job of Deductor It is the job of Deductee We need to pass Entries for Income Receipt TDS Receivable We need to pass Entries for Expense Payment TDS Deduction and Deposit We need to Collect TDS Certificate Match with Form 26AS Online Deduct TDS from Income Tax in ITR We need to fill TDS Challan TDS Return Issue TDS Certificate Max ABC Bill Consultancy Rs 40,000 Cheque Rs 36,000 TDS Deposit Rs 4000 teachoo.com

CA Maninder Singh's photo - Co-founder, Teachoo

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.