Showing posts with label How TDS calculated in Tally. Show all posts
Showing posts with label How TDS calculated in Tally. Show all posts

How TDS calculate in Tally


When one person gives payment to another person like salary then TDS (tax deduction at source) is deducted from this amount under the provision of 1961. This amount is deposited in government account. So, it is very important for the every accountant to known about the TDS. The main advantage of tally is that tally automatically calculates the TDS amount. in TDS, it shows the deduction detail.