TDS Nature of Payment

To create TDS nature of payment

1. Go to Gateway of Tally > Accounts Info. > Statutory Info. > TDS Nature of Pymts > Create

2. Enter the Name.

3. Enter the Section number.

4. Enter the Payment Code.

5. Enter the Rate of TDS.

6. Enter the Threshold/exemption limit.

7. Click F12: Configure to configure more options.

   Allow Single Bill Value, Allow Transporter Category, Allow Software Royalty, Allow Rate details for others.

The TDS Nature of Payment Creation screen appears as shown below:

7. Press Enter to save the details.