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Creating TDS Ledger

A TDS ledger is used for recording duties in TDS-related transactions.

To create a TDS tax ledger

1.    Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.    Enter the Name.

3.    Select Duties and Taxes as the group name in the Under field.

4.    Select TDS as the Type of Duty/Tax.

5.    Select a Nature of Payment  from the List of Nature of Payments.

6.    Press Enter.

The Ledger Creation screen appears as shown below:

7.    Press Ctrl+A to save the details.