The Deducted Late- Expenses Summary displays the details of the Expenses for which the TDS amount is deducted after the due date.
To view the Deducted Late -Expenses Summary,
Go to Gateway of Tally > Audit & Compliance > 44AB Audit > Tax Deducted at Source > Deducted Late
The above report shows an expense-wise breakup of the Assessable Value and Tax Amount along with the Audit Status. The description of each field is as shown:
Particulars: Displays the Name of the Expense Ledger. For the Advanced Payments, Name of the Party is displayed in this column.
Assessable Value: Displays the total value considered for TDS calculation.
Tax Amount: Displays the Tax Amount calculated based on the Assessable Value and the Tax rate as per the Nature of Payment and type of Party.
Audit Status: Displays the Number of available TDS Bills for each Expenses which are Audited and Unaudited along with the Total count.
The user can press Enter on any Expense Ledger to view the respective TDS Bills.
To view the Deducted Late - Party Summary,
Press Alt+F4 or Click on F4: Party
The Deducted Late - Party Summary report displays the Party-wise Assessable Value, Tax Amount and Audit Status with the count of Unaudited and Audited entries.
The user can press Enter on any Party Ledger to view the respective TDS Bills.
To view the Deducted Late - Nature of Payment Summary,
Press Alt+F5 or Click on F5: Party
The Deducted Late - Nature of Payment Summary report displays the Party-wise Assessable Value, Tax Amount and Audit Status with the Count of Unaudited and Audited entries.
The user can press Enter on any Nature of Payment to view the respective TDS Bills.
C: Clause Reference
For details, refer Clause Reference.
Click on F12: Configure to hide/ display the Audit Details.
