Transactions Involving TDS

In Tally.ERP, you can account for expenses implying TDS with the help of Payment Voucher, Journal Voucher or Purchase Voucher, as required.

We shall now study how Tally.ERP’s TDS feature can be used to process TDS transactions.

1. TDS on Expenses

2. Expenses Partly Subject to TDS

3. Accounting of Expenses and Deducting TDS Later

4. Accounting  Multiple Expenses and Deducting TDS Later

5. TDS on Advances

6. TDS on Expenses @ Lower Rate

7. TDS on Expenses @ Zero Rate

8. Reversal of Expenses with TDS

9. TDS on Payments made to Non Residents

10. TDS on Interest Payments

11. TDS on Interest Paid on Overdue Payments

12. TDS on Interest Paid on Loans Taken from parties

13. TDS on Expenses - With Inventory

14. TDS on Expenses-with Inventory (Purchase Voucher)

15. TDS on Expenses-With Inventory (Journal Voucher)

14. TDS on Fixed Assets

15. Payment of Interest and Penalties