Received Invoice from Swayam Associates, Chartered Accountant, towards Internal Audit of Accounts Rs.25,000
Paid Rs. 22,425 to Swayam Associates towards his Invoice after deducting TDS Rs.2,575 on amount payable to him.
Paid Rs. 2,575 by cheque of Axis Bank towards TDS on Internal Audit to the Authorized Bank Treasury.
Step 1 :
In F11 : Features ( F3 : Statutory)
- Enable Tax Deducted at Source (TDS) to YES.
- Set / Alter TDS Details to YES