Passing TDS Journal Entry are among the most common yet slightly complex transactions to record in accounting software like Tally. This blog will discuss passing TDS receivable, payable and payment […]
Tax Deducted at Source (TDS) is a crucial component of the Indian taxation system, aimed at collecting taxes at the source of income. Once you deduct the TDS it is […]
TDS software provides the most simple and user-friendly interface which is specially designed for filing the TDS/TCS returns online as per the norms & regulations of TRACES and CPC, India. […]
A long time ago taxes were levied on imported goods, later on, it was imposed on real property to raise the funds for the country and it’s been confined for […]
What is TDS? Tax Deducted at Source (TDS) is a mechanism that has been introduced by the Income Tax Department. Under this, the responsible person is supposed to deduct a […]
It’s a well-known fact that filing TDS returns have never been an easy task. The whole process is time-consuming and requires a great deal of cautiousness. But, technology by transcending […]
1.What is TRACES? TDS Reconciliation Analysis and Correction Enabling System helps the deductors and the deductees by efficient and effective administration of the taxation system. It aims at improving the […]
Book Entry: This is meant for those maintaining Govt. Accounts in Govt. Departments where no physical movement of cash or cheque is involved. In this case, the voucher number needs to […]