Tds entry

Mrs.Girija Kumar (Bank ) (98 Points)

05 July 2013  

☺ Say instead of 1 %, 2% tax was  deducted and subsecquently 1% were deducted.The entire tax deducted was credited ino the TAN account. Now theTALLY is showing a debit balance of the difference.How to account for in the books of accounts.For E.g. To be deducted 5751 but deducted 8920. how to pass accounting entry.