Tds Payment

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pratik gandhi (Querist)
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04 December 2010 Pleasse solve the foolowing problem relating TDS u/s 194c

1)Date Of Payment-25.09.2010
Amount of Payment-32000

2) Date Of Payment - 30.10.2010
Amount of Payment-18000

What Amount of Tax to be deducted?

BHAI(SAI) DUPARE

BHAI(SAI) DUPARE (Expert)
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04 December 2010 If you are payment already then show entry in the books of accounts as per follow:
1. for 32000/-
Contractor A/c Dr-32323.23
----To Cash/Bank A/c 32000
----To Tds on contractor 323.23

1% 2%
Indv. Co.
32,000.00 32,323.23 32,653.06 18,000.00 18,181.82 18,367.35

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