Dear All,
Is it possible to pass TDS entries using Tally.ERP 9 and also to generate Quarterly Returns like Form 26Q, Form 27Q ?
subramanya
5 Replies
vipin rastogi
(student)
(26 Points)
Replied 15 June 2010
ya u can use tally ERP 9 for tds requirements..
first of all u have to pass jounal entry and booked expenditure Eg. rent on building Dr. and ABC Cr
while creating the ledger of party (deductee) Is TDS applicable - fill 'Yes' and fill the PAN no the party otherwise it will deduct TDS by 20% rate.
secondly pass payment entry :
ABC Dr.
To TDS on Rent ( this amount will come automatically)
To Bank
For Reports: Go to Display - Statutory Reports - TDS Reports - Computation OR Return and can get 26Q , 27Q , 27EQ
subramanya
(Professional)
(907 Points)
Replied 16 June 2010
Thanks Mr.Vipin,
Please let me know whether Tally is approved as e-TDS software provider from NSDL...?
Raju.
(Owner)
(21 Points)
Replied 14 June 2013
TDS Entry in Tally
Ex; Rent paid to Abc o.
1st entry is journal
Rent paid A/C Dr
To Abc co.
To Tds A/C
2nd rent Payable entry
Abc Co. Dr
To Bank A/c
Bank A/c Dr
To A
jishan
(accountant)
(47 Points)
Replied 09 August 2014
in which head tds a/c will open....is it in current liabilities?
then how we show it ...can i have some example with amount..?
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