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.

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

  1. Press Enter to save the details.