https://help.tallysolutions.com/docs/te9rel63/Tax_India/VAT/Maharashtra/JV_VAT.htm

Recording a Journal Voucher for TDS Adjustment (Maharashtra)

In tally.ERP 9, you can create a journal voucher to account for the decrease of output tax.

To create a journal voucher for decreasing output tax

1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal .

Note: You can create a journal voucher from Gateway of Tally > Display > Statutory Reports > VAT > select the VAT or CST form.

2. Click J : Stat Adjustment to select required options in Stat Payment Details screen.

o Select the option VAT in the Type of duty/tax field.

o Select the option Decrease of Output Tax in the Nature of adjustment field.

o Select the option TDS Adjustments in the Additional Details field. The Stat Adjustment Details screen appears as shown below:

o Press Enter to save and return to voucher screen.

3. Debit the VAT ledger created under the group Duties & Taxes .

o Enter the Rate and Assessable Value in the VAT Details screen.

o Press Enter to return to voucher screen.

4. Enter the amount in Debit column.

5. Credit the ledger created under the group Current Assets .

6. Enter Narration , if required.

The journal voucher appears as shown below:

7. Press Enter to save.