02 May 2010
In tally at the time of passing entry in respect of tax deducted at source on commission or brokerage TDS is calculated at the rate of 5% by system where as the actual rate of TDS ON COMMISSION & BROKERAGE IS 10%.What is the reason.
03 May 2010
if u r using tally 9 or erp version of it, than there is a option given in setup to fix tds rates, u have to change that TDS rates in setup..